Under Contract 103

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Under Contract 103

The purpose of marking a property as “Under Contract” is to give both parties a sense of security that the sale is moving forward and to alert other potential buyers that the property is no longer available.

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Real estate “coming soon” refers to a property that is being advertised as soon to be listed for sale, but is not yet officially on the market.

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The purpose of a “coming soon” listing is to give the seller an idea of the level of interest in the property and to prepare for the official market launch.

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This type of listing is used to generate interest and build excitement for the property before it becomes publicly available for sale.

Market

It is usually marketed to a select group of buyers and agents, who are given an opportunity to preview the property and express their interest before it becomes publicly available.

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