https://www.proz.com/kudoz/german-to-english/real-estate/3729106-abgewickelt-abwicklung.html
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Glossary entry

German term or phrase:

abgewickelt /in Abwicklung [Hausverkauf]

English translation:

closed / sale pending [real estate]

Added to glossary by swisstell
Mar 3, 2010 16:16
14 yrs ago
7 viewers *
German term

abgewickelt /Abwicklung

German to English Bus/Financial Real Estate
Im Anschluss an die Restrukturierung wurden bisher zehn Eigentumswohnungen veräußert, wobei sieben Wohneinheiten mit den Käufern abgewickelt wurden (Verkaufserlös ca. US-$ 7 Mio.) und drei Wohneinheiten sich zurzeit in der Abwicklung befinden (Verkaufserlös ca. US-$ 2,6 Mio.).

I can't think of an appropriate term for abgewickelt/ Abwicklung in this sentence. Can someone help?
Proposed translations (English)
4 +5 closed / closing
5 +2 the sale was completed / completion
Change log

Mar 12, 2010 13:27: swisstell Created KOG entry

Proposed translations

+5
2 mins
Selected

closed / closing

"closing a deal / closing pending" are the usual terms used in real estate business.

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Note added at 3 mins (2010-03-03 16:19:51 GMT)
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Home Close - Waiting to Close on a Home - How Long Does Home ...Time period to close on a home. Explanation of process and time length required to close when buying a home. Ways to speed up your home closing.
homebuying.about.com/.../buyingahome/.../101107_homclose.htm

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Note added at 2 hrs (2010-03-03 18:38:00 GMT)
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"Buyers closed on 7 units and 3 closings are pending"
so what does not work here, friend TonyTK???
Peer comment(s):
agree Marie Jammers : Yes! Definately closed/closing
13 mins
definitely thanks, Marie
agree Inge Meinzer
43 mins
danke Inge!
neutral TonyTK : ... // I think you're missing the point. What the German says IMO is that ALL the sales have been CLOSED (e.g. contract signed) but they haven't all been COMPLETED yet (e.g. money transferred, land registry entry). There's an important difference.
5 hrs
hence my above "3 closings pending" and believe me, here in the USA it IS closing, not completing etc. even though Metzger in Mexico agrees with another suggestion just to spite me. As an (expat) American he really knows better.
agree Nicole Backhaus
10 hrs
vielen Dank, Nicole.
agree Rosa Paredes
11 hrs
thank you, Rosa
agree Anja Wulf (X) : I'd probably word it as "Buyers closed on 7 units, with 3 additional sales pending". I'm a licensed US realtor, and closing refers to a done deal (TonyTK, you need to clarify that point for yourself), and an in-progress sale is a "sale pending".
1 day 11 hrs
thanks, Anja, good point!
Something went wrong...
4 KudoZ points awarded for this answer. Comment: "Thanks a ton"
+2
1 hr

the sale was completed / completion

Im Anschluss an die Restrukturierung wurden bisher zehn Eigentumswohnungen veräußert, wobei sieben Wohneinheiten mit den Käufern abgewickelt wurden (Verkaufserlös ca. US-$ 7 Mio.) und drei Wohneinheiten sich zurzeit in der Abwicklung befinden (Verkaufserlös ca. US-$ 2,6 Mio.).

the sale of 7 units was completed ..
... while the sale of three units is awaiting completion

hope this is helpful, good luck on your translation


Peer comment(s):
agree TonyTK : I was about to write something similar. "Close" doesn't really work here. But "has been completed" (with "was" you'd need to specify a point in time).
3 mins
agree Kim Metzger
44 mins
Something went wrong...