Please keep in mind that most listing status changes must be made within three (3) business days of the date the status change occurs, with the exception of listings which are Canceled (change within 24 hours) and listings which are Sold (change within 5 business days).
Active – The listing is available for sale or lease and no offers (with or without contingencies) have been accepted. A listing in the “Active” status must be available for showings within a reasonable period of time (which generally means within four business days) after the listing has been placed in the Active status. This is an on-market status, and Days on Market (“DOM”) will accumulate.
Active T/C – The listing is under contract with an accepted offer, but a “Time Clause” addendum is in place and the buyer and seller agree that the property is to remain on-market so that additional offers may be solicited. This is an on-market status and DOM will accumulate.
Backup – The seller has accepted an offer on the listing, but the seller requests that the property remain on-market to solicit additional, back-up offers. This is an on-market status and DOM will accumulate.
Under Contract – The listing is under contract with an accepted offer. This is an off-market status and DOM will not accumulate.
Off Market – The listing is temporarily not available for showings per the seller’s request. However, a valid listing agreement is in effect.
- Note: When in the Off Market status, DOM will not accumulate, photos are not required, and the listing will not be visible on UtahRealEstate.com or any IDX or syndication websites.
Withdrawn – A valid listing agreement is in effect, however, the seller and listing broker have agreed to withdraw the listing from being marketed through the MLS.
Canceled – The listing agreement has been terminated prior to the expiration date specified in the listing agreement.
Expired – The termination date of the listing agreement has passed, and a valid listing agreement for this listing is no longer in effect.
Sold – The listing has sold and title to the property has transferred from the seller to the buyer.
Leased – The listing has been leased.
What we Know About Policy Changes Regarding the NAR Settlement
Important MLS System and Policy Changes Regarding the NAR SettlementOn Wednesday - August 14, 2024, UtahRealEstate.com will be making adjustments to the MLS system and MLS Rules as required by the settlement terms agreed to by the National Association of REALTORS®...
Unlocking Homebuyer Opportunities in 2024
Unlocking Homebuyer Opportunities in 2024 There’s no arguing this past year has been difficult for homebuyers. And if you’re someone who has started the process of searching for a home, maybe you put your search on hold because the challenges in today’s market felt...
N.A.R. Lawsuit Settlement Fact Sheet for Utah
Lawsuit Settlement Fact Sheet – Utah Changes ChangesWhile changes will be minimal in Utah because of the state’s pro-consumer laws and customs, Utah REALTORS® are committed to helping buyers and sellers understand and navigate the changes. Key settlement terms...
Why Moving to a Smaller Home After Retirement Makes Life Easier
Why Moving to a Smaller Home After Retirement Makes Life Easier Retirement is a time for relaxation, adventure, and enjoying the things you love. As you imagine this exciting new chapter in your life, it's important to think about whether your current home still fits...
Why Your Asking Price Matters Even More Right Now
Why Your Asking Price Matters Even More Right Now If you’re thinking about selling your house, here’s something you really need to know. Even though it’s still a seller’s market today, you can’t pick just any price for your listing. While home prices are still...
Things To Avoid After Applying for a Mortgage
Things To Avoid After Applying for a Mortgage Some Highlights There are a few key things you’ll want to avoid after applying for a mortgage to make sure you’re in the best position when you get to the closing table. Don’t change bank accounts, apply for new credit,...
Real Estate Is the Best Investment
Did you know? Real estate has been voted the best long-term investment for 12 years straight. That’s because history shows home values usually go up. And when that happens, it helps homeowners grow their net worth. So, if you’re debating renting or buying, remember to...
Housing Market Forecast: What’s Ahead for the 2nd Half of 2024
Housing Market Forecast: What’s Ahead for the 2nd Half of 2024 As we move into the second half of 2024, here’s what experts say you should expect for home prices, mortgage rates, and home sales. Home Prices Are Expected To Climb Moderately Home prices are...
Do Elections Impact the Housing Market?
Do Elections Impact the Housing Market? The 2024 Presidential election is just months away. As someone who’s thinking about potentially buying or selling a home, you’re probably curious about what effect, if any, elections have on the housing market. It’s a great...
More Than a House: The Emotional Benefits of Homeownership
More Than a House: The Emotional Benefits of Homeownership With all the headlines and talk about housing affordability, it can be tempting to get lost in the financial side of buying a home. That’s only natural as you think about the dollars and cents of it...