Active listing
A home that is currently for sale and taking offers. It has not yet gone under contract with a buyer.
Also called: active, for sale, on the market
Related terms
The seller has accepted an offer and the main conditions are cleared or waived. The sale is waiting to close and usually no longer takes new offers.
The seller has accepted an offer, but the deal still depends on conditions like an inspection, appraisal, or loan approval. Some contingent homes still take backup offers.
The shared database where local agents post listings and share offers of cooperation. Only members can enter listings; the public sees them through IDX sites.
The price the seller advertises the home for. It is a starting point for negotiation, and the final sale price can be above or below it.
How long a home has been listed for sale. A high number can mean room to negotiate; cumulative DOM counts time across relistings.