This status means the seller has signed an agreement with a potential buyer that requires the seller to notify the buyer before the property can be sold to someone else. This status typically means the property is still being marketed, is showable, and other buyers can feel free to submit offers on the property. If the seller accepts a new offer, they have to give the original potential buyer time to either move forward with the original purchase agreement or release the property within the time frame established in the contingency agreement. If you would like more information about this process or the home itself, go to the detail page of the property and fill out the request more info form. Your agent will be happy to answer any questions you may have!