Pending vs. Active Under Contract. Which status should I choose?

When your seller receives an Agreement of Sale or the Landlord collects a Rental Application, which listing status should you select in Bright—Pending or Active Under Contract? 

As a rule of thumb, if the listing is still available for showings and the seller has decided to accept back-up offers, the listing status should be updated to Active Under Contract. 

Conversely, if the Seller or Landlord has a pending contract (Agreement of Sale) or a lease agreement on their property and they no longer want to accept back-up offers and/or showings, then the listing status should be changed to Pending. 

In order to better assist you with updating your listings to the most accurate status and to collect important information about the process, the following contingency options can now be noted for listings while in the Pending status.  

• Contingency Type
• Last Contingency Expires 
• Kick-Out Clause Y/N 

These contingency options will also display on the following reports when applicable for pending listings with Residential Sale, Farm, Multi-Family and Land as their property type. 

• Agent Full
• Agent One Page
• Agent Custom w/ Tabs
• Agent Synopsis 

To learn more about Bright’s listing statuses, download this reference sheet.