Under Offer listing status
In the ACT & NSW, once we find a buyer for a property and then confirm an offer between the buyer and the seller; we then send out Sales Instructions/Advice to both solicitors for a contract preparation. From the date of the offer acceptance to Unconditional exchange of contracts period is around 14 to 21 working days. This period is commonly known as property being “Under Offer”.
There should be 2 new listing status options on the listing page;
- Mark Under Offer – By clicking this button, the property should go under offer on listing and that should feed through all internal and external websites if linked.
- Remove Under Offer - If property did not go to unconditional exchange status or Mark Sold status because sale fell through for whatever reason then by clicking this button, the property should go back to normal listing status.
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Peter Walkden
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