Jul 18, 2023 | The Metro Word
Once your seller accepts an offer, you must change the status to Active with Offer or Pending in Flexmls within 48 hours. These two statuses are similar, but they differ in what the seller and potential buyers can do once an offer is accepted.
Remember, a property with an accepted offer containing a home sale contingency with a bump clause can remain Active. This is the only time you don’t need to disclose an offer.
Active with Offer vs. Pending
Active with Offer indicates there is an accepted offer, but the seller still wants to show the property and seek secondary offers in case the buyer falls through. These listings will remain in Active searches.
Pending indicates the seller has an accepted offer and showings are no longer occurring. The Pending date should reflect the Accepted Offer Date.
| Active with Offer | Pending | |
| Accepted Offer | Yes | Yes |
| Secondary Offers Allowed | Yes | No |
| Showings Allowed | Yes | No |
| Days on Market Accumulates | Yes | No |
Do you have more questions about listing statuses? Check out ourBuyer and Seller Toolkitfor details on the transaction process, listing terms and the clear cooperation policy you can provide your clients.
