Besides selling Real Estate, I also do a lot of BPOs (broker Price Opinions).

There are always 6 requirements for doing BPOs, 3 Active Listings and 3 closed sales that are in close proximity and similar description to the subject property. The closed sales need to be within 6 months, preferably 3 months.

I bring this up, because lately there haven't been enough ACTIVE listings available to do my BPOs.

The companies I do the BPOs for recognize this and are allowing us to use Pending Sales and Backup Status Listings in lieu of Active Listings.

A sign of the times, and hopefully, a sign that things are getting better.

Paul