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Original poster

Under Offer; is this us?!?

20 replies

ImInStealthMode · 16/02/2022 20:25

Lighthearted post as I know the only answer is 'ask the estate agent' but it's after hours now so I can't right away.

We saw a property at the weekend. Ticked as many boxes as we can afford to tick, needs a bit of love, so we made a slightly under asking price offer; acknowledging that we don't yet have a buyer in place so may not be the vendors first choice.

Their EA replied to say the vendors thanked us for the offer and were considering it, but they wanted to see how some viewings we had this week (today in fact) went. Fair enough.

Last night their EA messaged to check in and wish us luck with our viewings. We had 4 today, waiting to hear about offers.

Just been on the EA's site to check something on the pictures and the property is now showing under offer. Is this us, or someone else? It's fine either way as we didn't expect them to accept us really, but would be good to know (and very surprising that their EA hasn't mentioned it if they've accepted another buyer, given she's been pro-active & communicative so far).

First proper use of the confused emoji :

OP posts:

PamelaDoov · 16/02/2022 20:31

Under offer usually means they’ve had several offers and aren’t accepting anymore viewings until they’ve made a decision. So could be your offer plus others.
The house we are moving to went to ‘under offer’ for a day whilst the seller considered ours and 3 other offers.
Once an offer is accepted, it’s ‘sold subject to contract/conditions’ (I forget which one the C stands for!).

Lou98 · 16/02/2022 20:35

As above, it could be you and other offers, they'll usually put under offers while they're considering offers and then it will be sold "stc" once they've accepted one

Original poster

ImInStealthMode · 16/02/2022 20:36

Aah that makes perfect sense and I'm not sure why it didn't occur to me

*facepalm

OP posts:

MarineBlue33 · 16/02/2022 20:36

I doubt it's yours The EA would have told you that it's been accepted and you should have written confirmation of it However the EA should have kept you informed of other offers - not the actual figure but to say, a higher offer has been put forward.

BlueMongoose · 16/02/2022 20:41

Usually 'under offer' means an offer has been accepted and it is moving on to surveys etc. so I'm afraid I don't think it will be you.

TheHoptimist · 16/02/2022 20:48

@PamelaDoov

Under offer usually means they’ve had several offers and aren’t accepting anymore viewings until they’ve made a decision. So could be your offer plus others. The house we are moving to went to ‘under offer’ for a day whilst the seller considered ours and 3 other offers. Once an offer is accepted, it’s ‘sold subject to contract/conditions’ (I forget which one the C stands for!).

No it doesn’t It means they have accepted an offer Money laundering checks have Been done Solicitors have exchanged details All has been confirmed in writing

SpeckledlyHen · 16/02/2022 20:52

@PamelaDoov

Under offer usually means they’ve had several offers and aren’t accepting anymore viewings until they’ve made a decision. So could be your offer plus others. The house we are moving to went to ‘under offer’ for a day whilst the seller considered ours and 3 other offers. Once an offer is accepted, it’s ‘sold subject to contract/conditions’ (I forget which one the C stands for!).

No, this is not what this means at all. It actually means they have accepted an offer and no longer accepting viewings on the property. It moves to STCC once you have got further down the line. Some EA's on rightmove are slow to even update this information (the house we tried to buy shows as under offer as is now sold and new residents moved in).

pilates · 16/02/2022 20:58

No, I don’t think the offer is yours someone else

Kite22 · 16/02/2022 21:00

I think you would have heard if it were you.

You weren't really in a proceedable position.

arethereanyleftatall · 16/02/2022 21:05

It's not you.
You have to be in a proceedable position before you offer. You're not, so yours wouldn't have been considered as an offer.

Original poster

ImInStealthMode · 16/02/2022 21:57

@arethereanyleftatall

It's not you. You have to be in a proceedable position before you offer. You're not, so yours wouldn't have been considered as an offer.

Well you say that, but the vendors already have an offer accepted on their new place, before they'd had so much as a single viewing on theirs, so it doesn't always work in that order.

OP posts:

FiftyStoriesHigh · 16/02/2022 21:59

I would imagine that your offer is considered a soft or informal offer anyway until you’ve sold so I’m not sure they’d change it if it was you guys yet.

TheHoptimist · 16/02/2022 23:08

They may not need this sale to buy another.

mindutopia · 17/02/2022 10:01

No, it's definitely not you. Under offer/SSTC mean essentially the same thing. The EA usually can't list something as under offer/SSTC until the buyer has confirmed they wish to proceed with the offer and then we also had to send our AIP and proof of funds before they would technically change the listing. You would know if your offer had been accepted. They probably have so many that they haven't gotten around to calling everyone yet.

Greenybluetowel · 17/02/2022 11:35

The house we have lived in for 4 months now showed as Under Offer straight away when we put our offer in, we didn't have a buyer at that stage and we hadn't showed AIP or even had a solicitor. So it could be you!

RidingMyBike · 17/02/2022 11:52

It's really variable - the house we sold at the end of last year is still showing as 'under offer' online, yet the sale completed over two months ago!

I'd give them a call to check?

PetalLeaves · 18/02/2022 15:00

We had the same situation where we made an offer and saw it change to “under offer” before we heard back. We didn’t hear from the EA for about 3 hours and assumed they’d accepted someone else’s offer. Turns out that it was our offer that had been accepted! They just needed time to review all offers and deliver bad news first. It got changed to SSTC after initial checks had been completed - within 2 days.

Doubleraspberry · 18/02/2022 20:09

@arethereanyleftatall

It's not you. You have to be in a proceedable position before you offer. You're not, so yours wouldn't have been considered as an offer.

No you don’t. Your offer may be less attractive if you’re not proceedable but you can make an offer at any point. There’s also no widely understood concept of different sorts of offer; individual circumstances may drive queries of the sort of level of offer that might be acceptable or what sort of buyer would be ideal, but an offer that is put forward to the owner should be a firm offer that is seriously meant.

Original poster

ImInStealthMode · 18/02/2022 21:25

@Doubleraspberry Agree, circumstances vary widely, and it works both ways. I know of a situation last year (not us!) where a cash buyer put in an offer and was accepted. Vendors were downsizing, hadn't found anywhere themselves. They looked for months, changed their minds, dropped out of the sale.

In the meantime the buyer had missed other opportunities and market prices had gone up dramatically.

So as a buyer I'd also be cautious of a vendor who isn't ostensibly proceed-able (ie: one who hasn't even started looking yet, or is not especially motivated to move).

OP posts:

Doubleraspberry · 18/02/2022 21:48

I think there’s a difference between not under offer yet and not even on the market or bothered about moving!

We’re about to go on the market ourselves and I’d be very reluctant to take an offer from someone who wasn’t good to go quickly as we’re not buying immediately ourselves so don’t want to get dragged into someone else’s chain. But I’d still want to know about all offers as you just never know.

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