About seven-odd years ago, the old Under Contract – Backup offers only status disappeared in favor of Active With Contingencies, or AWC. And not just one AWC, but three different versions of the infernal creation: one when there was an existing option to purchase the home (almost never used), one when the seller had provided written instructions to continue actively marketing the home even though it was under contract, and a third when there were contingencies attached to the already accepted contract.
Set aside the fact there are contingencies of some sort or another on virtually every contract written, making everything eligible for AWC status on that basis alone, but the Arizona Regional MLS rules were written in such a way that agents often could find reason to list their properties as AWC in many unforeseen circumstances.
Consumers, seeing a little online listed as Active with Contingencies, would look at the first word, ignore the final two and then become frustrated when they learned they were looking at little more than shadows in the dark.
As of today, however, the old UCB is back. And, looking at how the listings are reflected on my home search here, it should make things a little more clear:
If there’s a way to make more clear that a listing only is accepting backup offers, I’m not quite certain what it might be. And that’s a good thing.
Anything that eliminates confusion in the mind of the public only can be.