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What does it mean when an agent says "it is under commercial offer"?

Is the likelihood of selling the property high in the case that it is under such an offer?

Asked on Apr 1 2016, General in Croydon | Report content

Answers (1)

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  • Hi Soundsindh, If a property is listed as 'under offer' it means the offer has been provisionally accepted, but the paperwork hasn't quite been finalised. It basically means the same as Sold 'Subject to Contract'. So the final sale is likely just around the corner, but the property stays on the market for now, until the sale is complete and all the paperwork is sorted out. Many thanks, Dan

    Answered on May 11 2016, Report content

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