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Withdrawn – A valid listing agreement is in effect, however, the seller and listing broker have agreed to withdraw the listing from being marketed through the MLS.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Expired – The termination date of the listing agreement has passed, and a valid listing agreement for this listing is no longer in effect.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.
Why Now Is Still a Great Time To Sell Your House
Why Now Is Still a Great Time To Sell Your House If you were worried buyer demand disappeared when mortgage rates went up, the data shows there are plenty of interested buyers still out there. The housing market isn't as frenzied as it was during the ‘unicorn’...
What You Need To Know About Down Payments
What You Need To Know About Down Payments Some Highlights If you want to buy a home, you may not need as much for your down payment as you think. There are various loan options for qualified buyers with down payments as low as 3.5% or even no down payment requirement....
If Your House Hasn’t Sold Yet, It May Be Overpriced
If Your House Hasn’t Sold Yet, It May Be OverpricedHas your house been sitting on the market a while without selling? If so, you should know that’s pretty unusual, especially right now. That’s because the supply of homes available for sale is still far lower than what...
Marty Gale: A Real Estate Journey Spanning 38 Years
When it comes to real estate, there are few professionals who can boast the level of experience and expertise that Marty Gale brings to the table. With an impressive 38 years in the business, Marty has not only weathered the ups and downs of the industry, but has...
The Perfect Home Could Be the One You Perfect After Buying
The Perfect Home Could Be the One You Perfect After Buying There’s no denying mortgage rates and home prices are higher now than they were last year and that’s impacting what you can afford. At the same time, there are still fewer homes available for sale than the...
Your Homebuying Adventure
Your Homebuying Adventure Some Highlights Here are the key milestones you’ll encounter on your path to homeownership. From building your team, to house hunting, all the way to moving into your new home – it’s an exciting adventure. Your journey starts here. Let’s...
Why You Need To Use a Real Estate Agent When You Buy a Home
Why You Need To Use a Real Estate Agent When You Buy a Home If you’ve recently decided you’re ready to become a homeowner, chances are you’re trying to figure out what to do first. It can feel a bit overwhelming to know where to start, but the good news is you don’t...
New Loan Limits Raised To Help Home Buyers in 2024
The year 2024 has begun with a bang, as the Federal Housing Administration (FHA) and conventional loan limits have increased. This means that potential homebuyers and refinancers now have even more opportunities to secure funding for their dream homes or make...
Experts Project Home Prices Will Rise over the Next 5 Years
Experts Project Home Prices Will Rise over the Next 5 Years Even with so much data showing home prices are actually rising in most of the country, there are still a lot of people who worry there will be another price crash in the immediate future. In fact, a recent...
Wednesday Word | After-Repair Value
"Wednesday Word" After-Repair Value or ARV What Is After-Repair Value (ARV) In Real Estate? ARV is the estimated value of a property after completed renovations, not in its current condition. House flippers commonly use ARV as a way to gauge the worth of a...