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Long Island Real Estate Multiple Listing Service Abbrevations

By
Real Estate Agent with The Top Team @ Charles Rutenberg Realty 255 Executive Dr, Plainview NY 11803
Sometimes as Realtors® we take for granted everyday abbreviations that we use, while the average consumer may be confused about them.
 

Our Long Island Multiple Listing Service (MLS) has the following initials, and many consumers have no idea what they mean. As a matter of fact, we have met many Agents who don't have a clue either.

Here is What You May Find on Long Island's MLSLI, and Their Meanings:

 

LSC.................Last Status Change (what was the last change to a listing?)

NEW...............New Listing

PC...................Price Changed

Ext...................Listing Date Extended

PBA.................Pending Bank Approval (short sale)

TOM................Temporarily off Market

BOM.................Back on Market

Exp..................Expired Listing Contract

UC....................Under Contract (Pending)

CL.................... Closed

RE......................Rented

W/R...................Withdrawn Or Released

 

These abbreviations and meanings has been brought to you as a courtesy by Lawrence "Larry" and Sheila Agranoff, Licensed Real Estate Associate Broker and Licensed RE Salesperson.

 

Call Our Cell 631-805-4400 when you are ready to buy or sell Long Island Real Estate.

 

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If your home or condo is listed with another broker, this is not a solicitation of the property

Posted by

                                                    Sheila & Larry Agranoff

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Lawrence "Larry" & Sheila Agranoff are more than just Real Estate Agents. To attain the designation of REALTORS®, we have proven to be more knowledgeable & experienced, above and beyond the average requirements. Being part of the network referred to as REALTORS®, you can be sure we will cater to your Real Estate needs with superior professional practices.
 
If your home is listed with another broker, this is not a solicitation of property. This does not suggest broker has property currently available. Reproduction of text/images contained herein without the express written consent of the authors is strictly prohibited. Sale May Be Subject To Term & Conditions of An Offering Plan. Disclaimer: While information is believed to be accurate it's represented subject to errors, omissions, changes or reliance on information & must be verified by prospective consumer. The authors disclaim liability for any damages/losses, direct or indirect resulting from anything contained herein or the accuracy of comments or opinions of visitors.​©2008-2023.
 
 
 
 
 
 

 

Comments (7)

Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Great idea for a post, Sheila and Larry. We use so many abbreviations that we as agents understand, but the public doesn't. That's why when I write descriptions in MLS and on-line I don't use "realtorese" as I call it. We can't assume the public knows what all that means.

Feb 21, 2019 04:02 AM
Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

Good morning, Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400 (sheila) you'd be amazed at how many agents do not know what all of the abbreviations mean.... and these are NOT new agents!!

Feb 21, 2019 04:26 AM
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Interesting, Larry and Sheila.  Your MLS abbreviations are actually quite different from ours.

Feb 21, 2019 04:36 AM
Brian England
Ambrose Realty Management LLC - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

We have abbreviations in our MLS as well that clients will often ask what they mean.  One that comes to mind is DOM (Days on Market).

Feb 21, 2019 05:12 AM
Michael Jacobs
Pasadena, CA
Pasadena And Southern California 818.516.4393

Hello Sheila and Larry - wise idea to explain/define commonly used Long Island real estate terms to those who may be entering the market. Especially important for relocating buyers who may be familiar with terms but in their originatting area. 

Feb 22, 2019 05:11 AM
Roy Kelley
Retired - Gaithersburg, MD

This is excellent information to share. 

I would not have known sereral of these without your help.

Feb 22, 2019 11:34 AM
Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400
The Top Team @ Charles Rutenberg Realty 255 Executive Dr, Plainview NY 11803 - Plainview, NY
Long Island Condo and Home Specialists

Thank you for your comments. It is appreciated!

Feb 22, 2019 02:04 PM