Answer:
I am a creature with a βtightβ name.
I am constantly overlooked by everyone but everyone has me.
Soft hairy from door to door. I am the pet that always stays on the floor.
I can fall off a building and live, but in water I will die. What am I?
I sleep by day, I fly by night. I have no feathers to aid my flight. What am I?
When someone uses this acronym, you know you've got to pick up the pace