Updated almost 11 years ago on . Most recent reply
MLS Pending Status
When does a property normally get to "Pending status"? Is it mutual acceptance and both parties sign the contract? Or is it when the Inspection, Financing, and/or other contingencies are waived? I'm not sure if there is a recognized standard for this, or if it's simply up to the realtor's/seller's discretion. What are the advantages/disadvantages of either strategies?