Why are properties active with contract displayed when I do a search? Any way of excluding them?

Asked by Patricia Mccauley, Groton, MA Sun May 12, 2013

This question was asked from http://www.trulia.com/property/3116325606-8377-38th-Street-C…

Help the community by answering this question:

+ web reference
Web reference:

Answers

6
Albert Woost…, Agent, Sarasota, FL
Wed Sep 11, 2013
Hi Patricia!
I used to work in Littleton and lived in Stow, Lancaster and Nashua NH and drove through Groton many times. I escaped those harsh winters 15 years ago and have no regrets.
I agree with the answers already given, like Brian said regarding Short Sales needing to be signed off (or countered) by the bank it is not "In Contract" till that occurs.
This new "Active with Contract" came about because of these 3rd parties (banks) needing to sign/agree.
Now agents "Active with Contract" for any contingency that comes up.
It is definitely frustrating, and from my experience these are generally going to close with the first buyer, and I would rather see them be posted as "Pending" then they wouldn't show up on these other websites.
Anyway if you want to get only ACTIVE listings I could set up a search for you in my MLS system (like everyone is saying is the best) and send you listings that really hit the nail on the head for you and will actually be available to buy.
Hope to hear from you!
Best regards,
Albert Wooster, P.A.
Realtor
Allen Real Estate Services, Inc.
Cell: 941-350-1220
WoosterFLA@gmail.com
http://www.SarasotaWowHomes.com
0 votes
Brian McGree…, Agent, Sarasota, FL
Mon May 13, 2013
Whether or not back up offers are presented, and can therefore be accepted, has to do with the terms of the listing contract. On short sales such as the property you questioned, a contract is not complete until the mortgage lender signs off. Because of this it remains active but with a contract.

Acceptance of back up offers has nothing to do with listing status on MLS.

BRIAN A. MCGREEVY
Broker/Owner, REALTOR, MBA, GRI, ABR, SRES, RRS, AHWD
Five Year Winner - Five Star Award- Best in Client Satisfaction
Sarasota Home Realty
2100 Constitution Boulevard
Sarasota, FL 34231

Website: http://www.SarasotaHomeRealty.com
E-mail: SarasotaReal@gmail.com
Phone: (941) 544-6763 FAX: (941) 866-7588
0 votes
Jen and Mark…, Agent, Holmes Beach, FL
Mon May 13, 2013
Trulia will display listings whether they are active or not. There is not a way to exclude active with contract on here. If you want the most up to date listings and want active only, contact an agent who can send you listings directly linked to the MLS.

If you'd like us to set that up for you, let us know.

Jen and Mark Bowman
Keller Williams Realty
941-840-0117
0 votes
Tammy Hayes, Agent, Port Charlotte, FL
Mon May 13, 2013
The term "Active with Contract" means that there is a signed offer between buyer and seller and the seller is leaving it Active with Contract so that they can take back up offers just in case the deal falls through. This term can apply to any property whether it is a short sale or not.

If you could send me your search criteria, I can set you up in the MLS to receive Active only listings if that is what you prefer. Trulia does not give you the flexibility to narrow down your search criteria as the MLS does. If I can answer any questions or help with anything else, please contact me.

Tammy Hayes, Realtor
RE/MAX Palm Realty
tammyhayesre@gmail.com
941-276-6185
http://www.tammyhayes.remaxagent.com/
https://www.facebook.com/pages/ReMax-Palm-Realty-Realtor/147…
0 votes
Antonio Vega…, Agent, Saint Cloud, FL
Sun May 12, 2013
"Active with contract" is the required wording when a Short-Sales gets a contract but still waits on 3rd party approval. It should really say "Pending 3rd party" but MLS made the rules that it can still be shown for back -up offers to be placed.

In reality websites like Trulia only see the word "active" and creates the group. If you want accurate info, contact a local Realtor who can give you access directly into their MLS account, so that you don't have to deal with this AWC listings anymore. Its a free service from each independent agent. Was this answer helpful? If so please click on the "green thumbs up" or the "best answer".

Tony Vega
Antonelli Realty
0 votes
Brian McGree…, Agent, Sarasota, FL
Sun May 12, 2013
Patricia,

The property you are referencing is a short sale. It would be categorized as AWC (active with contract) because the property owner signed off on the sale but the bank still needs to approve. As far as how to exclude on Trulia, I have no idea.

As agents we use the more accurate search system on the multiple listing service. We have the ability to exclude AWC listings but then again we pay for access that works. You might wish to contact an agent to work with you so that you don't waste your time.

BRIAN A. MCGREEVY
Broker/Owner, REALTOR, MBA, GRI, ABR, SRES, RRS, AHWD
Five Year Winner - Five Star Award- Best in Client Satisfaction
Sarasota Home Realty
2100 Constitution Boulevard
Sarasota, FL 34231

Website: http://www.SarasotaHomeRealty.com
E-mail: SarasotaReal@gmail.com
Phone: (941) 544-6763 FAX: (941) 866-7588
0 votes
Well Said.
Flag Sun May 12, 2013
Search Advice
Search
Ask our community a question

Email me when…

Learn more