Coming soon
A status some MLSs allow for homes that will be listed shortly but cannot be shown yet. Rules on marketing and showings during this period vary by MLS.
Also called: coming soon listing
Related terms
A home that is currently for sale and taking offers. It has not yet gone under contract with a buyer.
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.
A NAR rule that a listing must hit the MLS within one business day of public marketing, like a yard sign or a social post. In 2025 NAR added an option for sellers to delay public marketing.
A home marketed privately by an agent instead of being put on the MLS. It limits exposure, and many MLSs restrict it under rules like Clear Cooperation.
The contract between a seller and a brokerage to sell a home. It sets the price, the commission, how long it lasts and what the agent will do.