Navigating CRMLS Listing Statuses: A Guide for Sellers and Agents

Understanding the nuances of listing statuses in the California Regional Multiple Listing Service (CRMLS) is crucial for both real estate agents and sellers. These statuses not only reflect the current state of a property listing but also significantly impact the Days on Market (DOM), a key metric in real estate transactions. This guide will walk you through the various CRMLS listing statuses and their implications on DOM.

1. ACTIVE (A): When a property is listed as ‘Active,’ it means there’s a valid listing contract in place, and no offer has been accepted yet. This status allows for marketing and advertising, and importantly, the DOM continues to accumulate. This is the most common status, indicating that the property is openly available for offers.

2. ACTIVE UNDER CONTRACT (U): This status is used when an offer has been accepted, but the seller is either seeking back-up offers or the sale is subject to court or third-party approval. Marketing is still allowed, and DOM continues to accumulate. If the property is sold, DOM recalculates from the On Market Date to the Purchase Contract Date.

3. CANCELED (K): A ‘Canceled’ status indicates that the listing agreement has been terminated before the expiration of its term. This could be due to various reasons, such as a change in seller’s plans or disagreement with the agent.

4. COMING SOON (C): ‘Coming Soon’ is a unique status where a valid listing contract exists, but the property isn’t available for showings yet. This status is used for properties that are being prepped for sale. Notably, DOM does not accumulate in this phase, allowing sellers to market their property without affecting its perceived freshness on the market.

5. EXPIRED (X): An ‘Expired’ status means the listing agreement has reached the end of its term without a sale. This often prompts a reassessment of the property’s marketing strategy or price.

6. HOLD (H): Listings marked as ‘Hold’ indicate a pause in active marketing, possibly due to repairs, illness, or other reasons. Like ‘Coming Soon,’ DOM does not accumulate during this period, providing flexibility to the seller without impacting the property’s market appeal.

7. LEASED (L): This status is applied when a property has been leased. Upon leasing, both DOM and Cumulative Days on Market (CDOM) reset to zero, effectively restarting the property’s market history for future listings.

8. PENDING (P): A ‘Pending’ status is used when an offer has been accepted, and the seller is no longer soliciting offers through the MLS. In this phase, DOM does not accumulate, signaling to potential buyers that the property is in the process of being sold.

9. SOLD: The ‘Sold’ status is self-explanatory – the property has successfully closed escrow. Similar to ‘Leased,’ DOM and CDOM reset to zero with a new listing.

10. WITHDRAWN (W): When a property is ‘Withdrawn,’ it remains under a valid listing contract but is no longer being actively marketed. DOM does not accumulate in this status, and if the property returns to ‘Active,’ the DOM count resumes from the point of withdrawal.

Conclusion: Understanding these CRMLS listing statuses and their effects on DOM is essential for effectively navigating the real estate market. For sellers, it’s crucial to work with knowledgeable agents who can strategically manage these statuses to optimize the property’s market presence. For agents, clear communication with clients about these statuses can help set realistic expectations and guide successful marketing strategies.

Remember, each status plays a unique role in the lifecycle of a real estate listing, and managing them effectively can significantly impact the success of your property sale or purchase.

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