Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 11 years ago on . Most recent reply

User Stats

38
Posts
7
Votes
John Milliken
  • billings, MT
7
Votes |
38
Posts

is active/pending short sale a sales tactic?

John Milliken
  • billings, MT
Posted

just wondering...been watching certain houses on the market for almost a year with these labels on mls. I still drive by those certain houses once in awhile with for sale signs in front still.

from a definition stand point, Active/Pending-Short Sale - Offer has been accepted by seller and has been presented to financial institution but has not been accepted - property is still available for showing and back up offers are being accepted.

i know short sales take awhile to close but even some houses that hit day one have this active/pending label. thinking this a tactic to create an illusion of another fake buyer to drive up price.

one house keeps changing price up and down on listing, how can this house be pending a short sale if the listing price keep changing?

Loading replies...