For Sale > Conditional Sale

Conditional Sale -An offer has been accepted and is contingent on fulfilling certain criteria within the Agreement of Purchase and Sale and any Schedules thereto. The listing is still on market. This status is used to indicate that the Seller is looking for additional backup offers, or that the property is subject to conditions prior to it being a firm and binding agreement. Listings with accepted offers shall be reported to the MLS® or inputted to the MLS® database by the listing broker as “Conditional,” within 2 business days.

When the conditions have been met ensure you mark the property SOLD.

Sold –An offer has been accepted and conditions have been removed and the transaction is expected to close. Conditions do not include the requirement of a title search which is a legal process to ensure the proper transfer of title in a real estate transaction. These listings show a Close date. The Seller is not accepting additional offers and the property is not on market. The purchase agreement has been fulfilled or the lease agreement has been executed.
The listing is considered sold and is not on market. Firm sales shall be reported to the MLS® within 2 business days.