If you’re looking for homes for sale in Aspen, you’re going to see a lot of listing terms that may not be familiar to you. You can always ask your real estate agent what they mean – or you can refer to this guide.
Common Real Estate Listing Terms
Active means a property is currently on the market and that someone can buy it.
The house is sold.
Active With Contract
There’s an accepted offer on the home, but the sellers are still looking for backup offers in case the first one falls through.
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The seller has entered a contract with a buyer, but there’s still room for backup offers.
The seller has accepted an offer and the home is under contract, but one party still has to meet certain conditions for the deal to go through.
The seller has accepted an offer and has a contract, and all the contingencies have been met. The deal is in escrow.
Back on Market
The home has come back on the market after a pending sale. That means the deal fell through.
The seller’s contract with the listing agent has expired. This usually happens when the home doesn’t sell.
Temporarily off the Market
The owner has removed the home from the market for a period of time, and it’ll be back on the market eventually.
The seller decided not to sell the home after all.
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Get in touch with us right now to find out how much your home is worth – and discover how we’ll be able to help you sell it quickly and for top dollar.
If you’re also looking for a home for sale in Aspen or a nearby community, check out our:
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- Aspen homes for sale over $1 million