The MLS refers to the Multiple Listing Service... not Major League Soccer in this case. The local MLS is supported by Pike's Peak Realtor Services. Through this system most Realtors list their available properties for sale (and for rent), so as to cooperate with other Realtors in our efforts to sell homes. When you search our site ( http://springshomes.com/homes/colorado-springs.html ) you are accessing the MLS. Sometimes you'll find a house 'available' here that is actually under contract; so in an effort to clear up why, below are some brief explanations of these statuses. If you are doing a search for Available/Active homes, these statuses may show up: A, UCSS, UND, RGT... which is why a home might appear available and we'll tell you when you contact us that it has a contract on it.
ACT = Active - active, accepting offers, and available to show (sometimes with restriction on hours, days, specific notices, etc)
UCSS = Under Contract Short Sale - a home where the seller is 'upside-down' is a short sale; in this case they have received an offer acceptable to the seller and the sellers' lender(s) are in the review process
UND = Under contract - the seller has accepted an offer, but are still willing to review offers to be placed in a back-up position only
RGT = Under Contract with a First Right of Refusal - the seller has accepted an offer, but significant contingencies (often another home the potential buyer needs to sell); buyer and seller have contractually agreed the seller has a right to show and review other offers. If seller receives another acceptable offer, they put the 1st position buyers on "notice" to remove their contingencies (normally 1-3 days). If 1st position buyer cannot remove contingencies, 2nd position buyer moves into 1st position and former buyers' contract is terminated.
PEND = Pending - seller has accepted an offer, normal inspection, appraisal, title and loan conditions may still need to be met. The seller no longer wishes to show the home.
CLOSD = Sold - seller accepted an offer, buyer met all contingencies, property has closed
EXP = Expired - the most recent listing broker's listing agreement has expired
CAN = Cancelled - seller's listing agreement has been cancelled
WITH = Withdrawn - seller and listing broker temporarily withdrew home from MLS, normally with intent of putting it back on market; listing agreement is still in place between seller and listing broker
** If there is ever a question or doubt, please send us an email request, we are pleased to clarify a home's availability to the best of our knowledge!