Contingent vs. Pending: What’s the Difference in Ohio Real Estate?

If you're buying or selling a home in Ohio, understanding the terms "contingent" and "pending" can make or break your next move. Here's what you need to know.

✅ What Does “Contingent” Mean in Ohio Real Estate?

When a home is marked as contingent in the MLS, it means the seller has accepted an offer—but the sale hinges on certain conditions.

Common Contingencies:

• Inspection: Buyer can cancel or renegotiate after home inspection.

• Financing: Deal depends on the buyer’s loan approval.

• Appraisal: Home must appraise at or above the offer price.

• Sale of Current Home: Buyer must sell their existing home.

💡 Buyer's Tip: You can often submit a backup offer on a contingent home in Ohio.

💡 Seller's Tip: Contingent deals can fall apart—stay alert and keep communication tight.

🔒 What Does “Pending” Mean in Ohio Real Estate?

Once all contingencies have been resolved, the home is labeled pending. This means:

• The deal is solid.

• Final steps like title work and closing paperwork are in motion.

• The seller usually stops accepting other offers.

🔐 Pending = Closing soon, just waiting on signatures.

🧠 Why the Difference Matters to Ohio Buyers and Sellers

For Buyers:

• A contingent home isn’t off-limits—submit a backup offer.

• A pending home? Probably out of reach, but keep it on your radar.

For Sellers:

• A contingent offer isn’t a done deal—prepare for hiccups.

• A pending sale means you're nearly across the finish line.

🤔 What Does “Under Contract” Mean in Ohio?

“Under contract” is an umbrella term. It could mean contingent or pending, depending on the stage of the deal.

➡️ Pro Tip: Don’t assume all “under contract” listings are off the market—ask your local real estate agent in Ohio for the full scoop.

Ohio for the full scoop.

📍 Ohio Real Estate Takeaways

🏡 Final Thoughts

Understanding the difference between contingent and pending can help you:

• Move faster on the right homes.

• Avoid wasting time on deals that are too far gone.

• Make better offers and negotiate smarter.

Whether you're browsing Zillow at midnight or already knee-deep in showings, make sure you're getting advice from the best real estate agent in Northeast Ohio—someone who can explain these terms, spot opportunities, and help you win in this fast-moving market.

📞 Have questions? Want to know if that “contingent” house might fall through? Let’s talk.