Under offer

adjective

In real estate, a property is 'under offer' when a buyer has made a price proposal to the seller, and seller is considering it, but the sale is not yet legally binding.

The house is currently under offer, so it might not be available for viewing.

Definition 1 of 1

Pro Tip 1/3

The term 'under offer' implies the seller has not yet fully committed to the buyer's offer. Other offers may still be considered.

Although the flat is under offer, we can submit a higher bid.

Pro Tip 2/3

'Under offer' indicates the property is in the process of being sold but can inform buyers of potential interest levels in similar properties.

Seeing a property under offer can signal it's a desirable area.

Pro Tip 3/3

The phrase can signify the seller's willingness to negotiate, hinting at flexibility or openness to better offers.

The property's been under offer for a while; the sellers might accept a better deal.

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