A real estate expert can determine how quickly a home in a specific price range will sell by looking at the type of listing known as "pending."
Real estate listings that are under contract are referred to as pending listings. this indicates that the buyer and seller have reached a price agreement and are negotiating the terms of the sale.
The listing will go back on the market and the status will be changed to active if the sale is not finished by this time. You can no longer attempt to outbid another buyer for a property when it is pending unless the transaction falls through.
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