4 ms·
> You cannot tell the customer "you might have (or might not have) bought the house, we will only know later". Sure you can - in fact, that's what realtors cal
by BrentOzar 4y ago
> You cannot tell the customer "you might have (or might not have) bought the house, we will only know later".
Sure you can - in fact, that's what realtors call offers. You place an offer, and you only find out later if you bought the house, often days later.
- deleted 4y ago[deleted]
- couchand 4y agoTechnically correct, but you're missing the point. Eventually you do need to be able to commit some sort of transaction and get confirmation from the counterparty.
- ElevenLathe 4y agoThis is correct but you can do tricks to change who the counterparty is, which is often useful. If, instead of putting up a yard sign and saying "this house is for sale" and waiting for someone to come by and complete the transaction, the homeowners entered a contract with a brokerage to sell the house to anyone who is willing to abide by a list of terms (minimum price, occupancy date, etc.), then the brokerage can respond immediately and say "great, the house is yours". This is essentially the equivalent of sending a sell order to a stock broker.