Active-Under Contract Listings
This is one of the status options that our Hilton Head Island MLS uses.
A property is listed as “Active-Under Contract” when the seller has accepted an offer with contingencies. There are only a few contingencies that will allow a property to go into this status.
In this situation, the seller has the option to continue to allow showings and accept backup offers. If all contingencies are met, the property is to be moved immediately to the Under Contract status. If the contingencies are not met, within the timeframe specified, the property goes back to Active status.