What is a Temporary Offer or TEMPOFF?

Asked by Dee Brown, Washington, DC Fri Mar 1, 2013

I see a home that has a status of TEMPOFF? What does this mean?

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7
Russ Ravary, Agent, Commerce Township, MI
Sat Mar 2, 2013
It means the house may be coming on the market. The owner may be doing some renovations or repairs
2 votes
Alan May, Agent, Evanston, IL
Fri Mar 1, 2013
It's probably not "Temporary Offer", but more likely "Temporarily Off the market".

This isn't uncommon when the seller wants it off-market for a brief period of time... maybe due to an illness, a repair, a family event (ie: a wedding, or graduation) or perhaps they're simply repainting.
1 vote
Welks!
Flag Fri Mar 1, 2013
Thanks!
Flag Fri Mar 1, 2013
Melissa Bark…, Agent, Washington, DC
Sat Mar 2, 2013
Hi

Temporary Off, means the listing has been temporarily pulled from the market and no one is able to get in and see the property. Temp Off, is different from with withdrawn, meaning the home will most likely come back on the market in the near future vs withdrawn, the property has been totally withdrawn from the market and who knows if it will go back on the market. As others have said, there are a variety of reasons for this, seller going out of town, they might have had an inspection and found out they need to do some repairs, etc.

Good luck!
0 votes
Akil Walker, Agent, Upper Marlboro, MD
Fri Mar 1, 2013
Is a term use to take the property out of active status for a short period of time. For example a seller goes out of town and does not want potential buyers & agents to come to the home while they are gone or to make repairs and/or possibly adjusting sale strategy.
0 votes
Miekeba Jones, Agent, Silver Spring, MD
Fri Mar 1, 2013
Hi dbrownofdc, Pretty much what Maureen said. Temporarily off the market.
0 votes
Maureen Dwyer, Agent, Ashburn, VA
Fri Mar 1, 2013
Shorthand for temporarily off the market which is different from withdrawn. An agent is allowed to use this designation, which keeps the listing out of the active lists, for only a short period of time. It's used when it would be impractical for the property to be shown and can be anything from changing locks to fixing a water leak. Some agents will use TEMP while assessing the problem to see if it will be short term or whether the seller is better served by withdrawing the lisitng and then re-listing.
0 votes
Connie Fitzg…, Agent, California, MD
Fri Mar 1, 2013
TEMPOFF is temporarily off the market. Alan is correct.
A lot of times, an agent has to do this in case the seller runs into a problem.
You see this a lot of times in short sales, when deed problems arrive and so forth.
0 votes
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