Profile picture for Mark Kronschnabel

Mark Kronschnabel

Agent

Real Estate Professional (25 years experience)

8 Recent Sales (last 12 months)

Specialties:
Buyer's Agent,
Listing Agent,
Foreclosure,
Short-Sale

Advice

  • (4 Contributions,
  • 0 Best Answers,
  • 0 Helpful)

Contributions are sorted newest to oldest.

what does it mean when a property is listed as 'pending'?

Answer

Pending means that an agreement has been reached by the buyer and the seller and there are either no contingencies or the contingencies have been satisfied and the property is ready to close.  The only difference between pending and contingent is that contingent properties still have contingencies that will need to be satisfied before the deal closes.

  (0)