If a home has a offer pending why does it still appear in Trulia under houses to buy?

Asked by Carltwilliams22, Detroit, MI Sun Jun 23, 2013

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6
John Juarez, Agent, Fremont, CA
Mon Jun 24, 2013
Sorry, Trulia, but information on this site as well as numerous other real estate sites, is often out of date and incorrect. Trulia and others take information for the mls but also from other sources.

If you are looking for up to date information, talk to a local Realtor.
0 votes
Thank you for your prompt response and your insight.
Flag Mon Jun 24, 2013
Kenneth Hunt…, , Detroit, MI
Mon Jun 24, 2013
3rd party sites lag the market on information about 2 weeks.
0 votes
Bill Eckler, Agent, Venice, FL
Mon Jun 24, 2013
Hi Carl,

It's fairly common for homes that are under contract (pending or active under contract) to remain posted on the MLS and therefore show up on trulia, Zillow, Homes, or Realtor. This is usually the case because there are contingencies that need to be satisfied: financing, inspection, attorney review, HOA, etc.

The fact of the matter is that there are a good number of homes that go "pending" and return to "active" status after a few days because of these contingencies not being worked out. So if there is a property that you have interest in, you can still monitor its status in hopes of it returning to "active."

Hope this information is helpful.

Bill
0 votes
Haig Istambo…, Agent, Rochester, MI
Mon Jun 24, 2013
Hello,

Besides what Suzanne said, a lot of the online Real Estate sites such as Trulia lag behind in reporting the most current status of the property. Many people ask questions about properties that are listed for sale here on Trulia and a check on the local MLS system reveals that the property is either Pending or Sold and Trulia just hasn't updated the information.

If you truly want to know the current status of a property, ask a local Realtor and they can give you the most current information.

I hope this helps you!

Thank you,

HAIG
(248) 379-6547
realtorhaig@aol.com
0 votes
Annette Law…, Agent, Palm Harbor, FL
Mon Jun 24, 2013
"Why?" Because data on Trulia is not accurate. PERIOD.
It is not related to anything the agent does.
It is not related to data the agent enters.
In accurate data such as you describe is the SOLE responsibility of TRULIA.
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If you need timely, accurate, relevant, comprehinesive information, a REALTOR (r) can provide you FREE acess to the local MLS.

The choice is yours.
0 votes
Suzanne MacD…, Agent, Morristown, NJ
Mon Jun 24, 2013
There are many reasons realtors continue to market homes actively after a contract has been accepted. There may be contingencies, such as a mortgage contingency, or that the buyer just sell their home in order to buy this one. In the case of a short sale, realtors are often required by the bank to continue to market the home actively while the home has a contract pending because something may go wrong or they may get a better offer. My advice is to ask the listing agent whether they have any offers on the home.
0 votes
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