Does anyone know what a live deal means?
| # | Post |
|---|---|
| 1 | Potential first home buyer here and I hear the term live deal quite a lot. Thanks mone - 2021-10-28 22:23:00 |
| 2 | Dont know!!!! megan109 - 2021-10-28 23:01:00 |
| 3 | mone wrote: the vendor is committed to sell highest offer wins. Just agents bullshit. gabbysnana - 2021-10-29 08:04:00 |
| 4 | mone wrote:
Probably slang for saying a property has an agreement in place. Agents should not be using that sort of language. Edited by johnston at 8:19 am, Fri 29 Oct johnston - 2021-10-29 08:19:00 |
| 5 | Commission is almost in the bag? pcle - 2021-10-29 09:37:00 |
| 6 | pcle wrote:
But would like a better offer? amasser - 2021-10-29 10:46:00 |
| 7 | It is RE speak for "we have a live punter on the hook, we just need to reel them in carefully"!! Edited by onl_148 at 12:21 pm, Fri 29 Oct onl_148 - 2021-10-29 12:21:00 |
| 8 | In mortgage adviser speak it's an application with a S&P Agreement attached. Non banks don't do pre-approvals at any level and increasingly banks don't at over 80%. A live deal pushes the application up the queue. You're welcome. jeffqv - 2021-10-30 17:54:00 |
| 9 | Thank you. So it helps fastrack your mortgage application pretty much. Good to know mone - 2021-10-30 18:13:00 |
| 10 | jeffqv wrote: , sparkychap - 2021-10-30 18:18:00 |
