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Accepting an offer & house being taken off market, but it's still on the market!

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  • eve824
    eve824 Posts: 229 Forumite
    100 Posts Second Anniversary Name Dropper
    edited 3 September 2020 at 2:20PM
    macman said:
    I don't understand why you would want it removed? Until such time as you exchange contracts, the purchaser can walk away without consequence, or the deal can fall through for a myriad of reasons, so surely it's best if the sales momentum is maintained? It's not as if it costs you anything to keep it advertised. 
    I would guess that as much as a quarter of accepted offers do not go all the way through to exchange, though if anyone knows if there are figures to support that, I'd be interested to see them.
    If someone wanted to view it, you could accept or decline, it would be entirely up to you.
    Normal procedure is that once a house has a proceedable offer that has been accepted - the house is placed 'under offer' and taken off sale - no more viewings etc. That is what i expect as both a vendor and a buyer.

    EA's check that when you state you are a proceedable buyer - so I wanted it to be showing on the RM advert to give us more credibility with other EA's when we are putting offers on properties. Also, lots of EA's aren't letting you view unless your house is under offer.
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