When a house is listed as "pending" on Zillow (or other real estate websites), it means that the seller has accepted an offer from a buyer, but the sale is not yet final. There are still contingencies that need to be met before the deal is officially closed.
Here's a breakdown of what "pending" generally signifies:
<a href="https://www.wikiwhat.page/kavramlar/Offer%20Accepted">Offer Accepted</a>: The seller has agreed to the terms presented in a buyer's offer.
<a href="https://www.wikiwhat.page/kavramlar/Contingencies">Contingencies</a>: The deal is subject to certain conditions that must be satisfied. Common contingencies include:
Still Potentially Available: While the house is technically under contract, there's still a chance the sale could fall through if the contingencies aren't met.
Varying Stages: The "pending" status can have sub-categories (depending on the MLS or website), such as "pending - showing" (which means the seller is still allowing showings in case the first deal falls through) or "pending - no showing" (meaning no more showings are allowed).
Not Sold Yet: It's important to remember that "pending" doesn't mean the house is sold. The sale is only complete after closing.
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