What Does "Active Under Contract" Mean?
- TOCR Real Estate School
- Apr 3, 2023
- 1 min read
When a property is listed as “active under contract” it usually means the seller has accepted an offer, but the buyer has yet to fulfill all the contingencies in the agreement. The seller remains open to other offers in case the buyer isn’t able to meet their terms and the deal falls through.
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In the event that the buyer is unable to fulfil their obligations and the sale falls through, the seller is still considering additional bids.
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