importance of ‘pending’ on MLS

Tips and Deals Forums Buying Your Home Buying a Home in Los Angeles importance of ‘pending’ on MLS

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      Anonymous
      Inactive

      Hi all. *I’m a long time reader, first time poster, first time buyer, so please be gentle.

      I was wondering about the importance of listing a home on the MLS as ‘pending,’ when it has an accepted offer.

      Do some agents not list homes as pending, even when they have accepted offers? *Why?

      *

      We have an accepted offer, opened escrow, and the house still doesn’t say ‘pending’ on redfin. *Maybe I’ve been watching

      these boards too long…but I keep waiting to see it. *My agent says we’re in a contract…not to worry. *Still, other homes

      have been listed more recently and are already ‘pending.’

      *

      Does that little word mean much? *Need I worry? *Thoughts? *Thanks!

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