Phantom Property Availability: For Sale, Under Contract, but Hard to Tell

Have you ever heard of "active contingent"? That's a property that's under contract but listed as active, with no way to tell that it's under contract on some of the most widely used public websites including the top-used public website for searches, i.e. Zillow.

How Prevalent? 41% of Houses Entered 7-40 Days Ago as of 6/10/23 in Hampton Roads

Main Ways to Avoid the Problem

Here's a video on the subject:

Locating Contingencies on an active REIN portal search on single property

Locating unavailable properties on an active REIN portal search on property list

Locating Contingencies on REIN.com on single property

When are properties least accurate in MLS?

More Details

Most images above courtesy Rein.com & https://reinmls.mlsmatrix.com/

Related:

• Zillow Search Setup

• Zillow Searches & Other Public Website Searches Vs MLS Searches

• Zillow Zestimate Accuracy

• Backup Offers: Seeing & making offers on property already under contract

• Multiple Listing Service (MLS)

• Tips for Search Creation with Your Agent

• Expeditious Showings 

• SE VA House Buyer Guide

• What Adam Offers Buyers

• Initial Buyer Consultation w/ Adam Garrett: 3rd Generation Realtor®

• Tips for Search Creation with Your Agent