23/07/2026
The best word in real estate. Ask any agent.
Unconditional means every condition on the contract has been satisfied โ finance approved, building and pest done, everything ticked off. From that moment, the sale is locked in, and both parties are committed to settlement.
Until then? The deal can still fall over. That's why you'll see agents hold their breath between "under contract" and "unconditional." It's usually a week or three of waiting on the bank and the building inspector.
For sellers: don't book the removalists on the day you sign. Wait for the word.
For buyers: once you're unconditional, that's it โ pulling out gets very expensive, very fast. Make sure you're happy before your conditions expire, not after.
It's my favourite phone call to make. "We're unconditional" โ never gets old.
Got a term you've always nodded along to but never actually understood?
Drop it in the comments, and I'll cover it.
๐ 0477 535 202
๐ waynehamlet.com.au