TheBargyman
Registered User
- Messages
- 15
Probably not. Caveat emptor.Haven’t made contact with Estate Agent yet but would they tell me the reasons why the house went “Sale Agreed” but not sold?
Surely it's sale agreed when a potential buyer puts a deposit on a property in order to purchase.“Sale Agreed” is a marketing term not a legal term.
It’s the estate agent who does this and often they are lazy/haphazard.
I’ve bought and sold houses and estate agents have been haphazard about changing the terms to “sale agreed” and “sold” on their websites.
Estate agent I used put up a sold sign before the sale had closed, contracts were signed of course but not closed for another 3 weeks after that.I have seen them slow to put up the "sale agreed" and "sold" signs. But I have never seen them putting up "sale agreed" prior to a bid being accepted and booking deposit paid - or "sold" prior to a sale going through.
That's fair enough, once contracts are signed you have a binding and enforceable contract. They like to leave the sign there to tempt others thinking of selling to go with them.Estate agent I used put up a sold sign before the sale had closed, contracts were signed of course but not closed for another 3 weeks after that.
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