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Original poster

No longer on the market

11 replies

Elaria44 · 06/08/2019 11:48

I found this phrase next to an advertisment of a house .what is the difference between STC and this ?

OP posts:
eurochick · 06/08/2019 12:13

It might have been withdrawn. We took our house off the market last year. We were under offer but the market here is pretty dead and we couldn't find anything to buy.

longtompot · 06/08/2019 12:14

It just means the house has been removed from the market.

Original poster
Elaria44 · 06/08/2019 12:44

Sorry i could not understand , what is the benefit of removing the house from the market and then put it later after some time ?

OP posts:
OnlyFoolsnMothers · 06/08/2019 12:46

It means it hasnt lingered without interest- Summer holidays and Christmas are slow periods in the housing market so its better to launch again (possibly with a new agent) come September.

Mildura · 06/08/2019 12:47

There may be no benefit.

The owners may decide not to put the house back on the market.

The owners may simply be in the process of changing estate agents, and one advert has been taken down while the next has yet to appear.

Sold subject to contract (SSTC) or under offer means that the owners have accepted an offer from a prospective buyer.

jackernanna · 06/08/2019 14:06

OP can you really not think of a single situation where someone may have put their house on the market and then a change of circumstances means they change their mind?

Original poster
Elaria44 · 06/08/2019 14:36

I was asking in case there was no other personal situation .

OP posts:
lastqueenofscotland · 06/08/2019 18:13

Sometimes the vendors circumstances change, ie they were selling to downsize but granny now needs to move in, they can’t find anything to move to, they’ve just been dicked about with idiot agents enough and want a break from it. A number of reasons

sall74 · 06/08/2019 19:06

Over half the houses brought to market fail to achieve sale (mostly due to them having unrealistic asking prices and greedy/deluded/kite flying vendors)

These will all show as ''no longer on/withdrawn from market'' rather than SSTC

BitOftheSea · 06/08/2019 19:09

I had that with a few I was tracking on rightmove. One had had a sale fallen through and after a while decided to temporarily take it off the market and get the work identified in the survey done. Another also had it up for rent, rented it out short term and then put it back on the market.

PintOfBovril · 06/08/2019 19:56

Houses that have completed but are saved to your 'saved' list also show as no longer on the market on Rightmove.

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