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In my area you must with in 48 hours of acceptance.
Sharon Altier, SFR
Richie Alan Naggar
We don't use Pending up here. We go straight from Active to Sold once all conditions have been met. It might be weeks or months before the home actually changes hands but the SOLD sign goes up when the deal is firm.
Richie Alan Naggar
I put the listing pending as soon as I have an accepted offer.
I like to wait until the due diligence has been compeleted and the buyer is moving forward with the sell.
I go pending after all the contingencies are cleared.
Richie Alan Naggar author of books on Life-Love-Intimacy-Purpose - our MLS requires us to update the status to 'contingent' in 24 hours of acceptance of offer.
However, it may remain contingent until Home Inspection or Mortgage conditions are satisfied. So sometimes, it's just a week before I change the status to 'Under Agreement' - once mortgage commitment letter is issued.
My answer is the same as Susan Emo since we are in the same province.
According to the rules of my MLS, we must change the status ( if any changes) in 48 hours the latest.
In Denver this status has to be changed within 72 hours, or you will be fined.
In Hawaii we don't use "Pending". We must change the status to "Contingent" within 24 hours.
When the buyer and seller have signed, deposit is in hand, pre approval checks out then i go pending. Not too often do i go pending, contingent to show as it gets messy. I work to get the best offer accepted and get that to close rather than seeking back ups.
As soon as the offer has been accepted by the seller and there is no other contingencies.
When it's clear to close! However, there may be a contingency status in the interim.
the mls has Attorney and Inspection (A/I) contingency and then Pending contingency .
Immediately if there are no contingencies that must be fulfilled.