What does active under contract mean vs contingent?

The main difference between active under contract and contingent is that the agent on the contingency commission—the person who refers the buyer—is working for both the buyer and seller. When a buyer chooses an agent working on a commission, that agent is working for the buyer. And since the seller is aware of the commission the agent is working for the buyer, the agent’s job is to negotiate the best deal for the buyer and the seller.

What does active under contract mean vs active in contract?

An employee who is under contract is an employee working for a company that has a contract with them. This means that the employee is working for the company without a formal agreement. Typically, the employee works for the company for a fixed amount of time, and then they're free to look for work elsewhere.

What does active under contract mean vs active without contract?

An employee working under a contract can be fired at will and does not have job security. An employee working without a contract can terminate their employment at any time for any reason as long as it isn't for a legally protected reason.

What does active under contract mean vs active while under contract?

If an employee is under contract, it generally means they work for your company in exchange for compensation. They are working for you, but they are still working under the control of their employer. This is different from working as an independent contractor or an employee at will.

What does active under contract mean vs active until contract expires?

If you signed a contract that says the relationship continues after your employment ends, this means your former employer can still legally use any work you did during your employment. However, if the agreement says that the relationship ends when your employment ends, it implies that your former employer cannot use any work you did outside of your employment.