When a house is listed for sale, the end goal for the seller is typically to find a buyer and close the deal. However, the process of finding a buyer can take some time, and there are often many steps involved. One of these steps is when a house is marked as “under contract.”
If you`re not familiar with the term, “under contract” means that a buyer has made an offer on the house and the seller has accepted it. However, the sale is not yet final. The buyer typically has a certain amount of time to complete inspections and secure financing, and if they are unable to do so, the sale may fall through.
So, what does it mean when a house for sale says “under contract” in terms of SEO? In short, it means that the house is no longer available for purchase. If someone searches for houses for sale in a particular area and sees a listing that says “under contract,” they will likely click on a different listing instead.
From a seller`s perspective, it`s important to update your listing as soon as the house goes under contract. This will help prevent potential buyers from contacting you or your real estate agent and wasting their time.
For buyers, seeing a house marked as “under contract” can be frustrating, especially if they were interested in the property. However, it`s not always a lost cause. If the sale falls through for any reason, the house will likely be put back on the market, and interested buyers will have another chance to make an offer.
In conclusion, when a house for sale says “under contract,” it means that a buyer has made an offer and the seller has accepted it, but the sale is not yet final. From an SEO perspective, it`s important for sellers to update their listings as soon as possible to prevent wasted time, and for buyers to understand that there may still be hope if the sale falls through.