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Why do some newly listed properties show pending?

Is there some legal requirement that all properties must be listed even if they were never available to the public?  This is very annoying to a buyer.  Are properties that were never made available to the public a large percentage of available inventory?  Thank you.
  • April 13 2014 - US
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Answers (2)

Profile picture for user3520540
Oh, OK.  Too bad they can't be removed by someone. 
  • April 13 2014
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Profile picture for wetdawgs
Some listings take several days between getting listed on MLS and being sent to places like Zillow.  In hot markets, a listing can easily go pending in that time.  
  • April 13 2014
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