We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
PLEASE READ BEFORE POSTING: Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.
Rightmove meanings
panam
Posts: 29 Forumite
What is the difference between 'Under Offer' and 'Sold Subject to Contract' on a Rightmove advert?
Also when does an entry disappear from Rightmove? Is it on exchange or completion? I am aware that sometimes a buyer may ask for the advert to be taken down as a condition of the offer,, but what is the typical pattern?
I can't find the house I want for sale, but I see some suitable ones that are down as 'Under Offer' or 'Sold' and I wonder what the chance are of these coming back to market. I wonder if there is a Rightmove standard, or it is just down to individual agents how 'sold' properties are described/displayed.
Also when does an entry disappear from Rightmove? Is it on exchange or completion? I am aware that sometimes a buyer may ask for the advert to be taken down as a condition of the offer,, but what is the typical pattern?
I can't find the house I want for sale, but I see some suitable ones that are down as 'Under Offer' or 'Sold' and I wonder what the chance are of these coming back to market. I wonder if there is a Rightmove standard, or it is just down to individual agents how 'sold' properties are described/displayed.
0
Comments
-
In short: Nothing. The agent picks what they, locally or in branch, decide is the right one to choose.
It gives them a choice, in case they choose them to have different meanings.0 -
I believe that it's up to individual agents when to change the status on a property.0
-
Any sale can fall through. If you set up a Rightmove account, you can save properties to favourites and review their status regularly. Most EAs remarket a house so that it will appear as a new listing, but some just remove the "SSTC" or "Under Offer" banner. If a house is particularly appealing, you can contact the EA and register an interest in case the sale falls through. When a property is finally sold and removed from the market, it will appear greyed-out in your favourites list."Cheap", "Fast", "Right" -- pick two.0
-
Most EAs remarket a house so that it will appear as a new listing
This isn't necessary true. On Rightmove, a property will not appear as a "new" listing unless it's been delisted (SSTC / under-offer or just withdrawn) for a period of at least 14 weeks. This is because a small group of EA's would regularly delist all their properties and relist them to get them into people's new property e-mail alerts.
If OP is interested in a property which is currently SSTC, they should either
(a) make sure their property search isn't restricted to new listings; or
(b) ask the EA to contact them in the event the present sale falls through."Real knowledge is to know the extent of one's ignorance" - Confucius0 -
Strange then, that I sometimes see listings that start "Unexpectedly back on the market due to ...". So new listings do appear before a 14 week cut-off."Cheap", "Fast", "Right" -- pick two.0
-
Strange then, that I sometimes see listings that start "Unexpectedly back on the market due to ...". So new listings do appear before a 14 week cut-off.
https://www.propertyindustryeye.com/newsflash-rightmove-introduces-new-14-week-rule-in-portal-juggling-crackdown/"Real knowledge is to know the extent of one's ignorance" - Confucius0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 350.1K Banking & Borrowing
- 252.8K Reduce Debt & Boost Income
- 453.1K Spending & Discounts
- 243K Work, Benefits & Business
- 597.4K Mortgages, Homes & Bills
- 176.5K Life & Family
- 256K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards