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There seems to be confusion here so let me explain. I was working with a buyer who made an offer on a house and found out the seller was another buyer who had an offer accepted by the seller and his contract was pending .
So when I called the MLS and asked is this even possible to list a home with someone other than the seller they responded by saying as long as the original seller gives permission this is allowed.
I don't understand how under any circumstances this should be allowed.
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Jack - Not sure I understand your question, but we can place our listings in under contract but accepting backups status, as long as the seller has authorized that.
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Do you mean live the property in an active status????? NAR gives the Brokerage who hold s the listing the right to chose whether or not they want to pend it in the MLS.
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In my mls ( Beverly HIlls, CA), the seller can use Backup status instead of Pending to market the property and accept backup offers.
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no....not that I've ever heard of.... we have a contingent status and the property remains in the active state for backup offers...
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If a buyer has an assignable contract, I could see where some States would allow buyer to list it for sale before going to settlement. If contract isn't assignable, I don't see how you can sell something that you don't actually own.
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In our MLS a PID can have only 1 status. Pick one, active, pending, pending with contingencies,withdrawn,expired,closed.