Blog > Real Estate Glossary > What Does Active Contingent Mean?

What Does Active Contingent Mean?

  • What does active contingent mean?

If you’re searching for a new house online, you’ve probably seen a lot of industry lingo which can get confusing. From active to pending to contingent, you’ve probably seen it all.

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Thinking about buying or selling?

Answer a few quick questions to get helpful tips from local experts.

Thinking about buying or selling?

Answer a few quick questions to get helpful tips from local experts.

Buying

Selling

Both

Buying

Selling

Both

But What Does Active Contingent Mean?

When a property is marked as contingent, an offer has been accepted by the seller. Contingent deals are still active listings because they are liable to fall out of contract if requested provisions are not met. If all goes well, contingent deals will advance to a pending state.

Sometimes a property will stay on the market even if the seller has accepted an offer. If a property is subsequently listing in pending status, it means that an offer has been accepted and any contingencies have been met. Homes in pending status are no longer considered active listings.

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By |2020-06-10T00:40:54+00:00January 3rd, 2019|Real Estate Glossary|0 Comments

About the Author:

Christopher is a top-producing agent and Managing Broker at Trelora. He is personally responsible for closing over 1,000 successful real estate transactions, and has guided the Trelora team through thousands more in his role as Market Director - Denver. Christopher is a Colorado native and graduate of the University of Denver.