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Discover LudwigThe phrase "are oversold" is correct and usable in written English.
It can be used to describe a situation where something, such as a product or service, is being offered in greater quantities than are available or is perceived to be more valuable than it actually is.
Example: "The latest smartphone model is so popular that it seems like they are oversold, with many customers waiting weeks for their orders to be fulfilled."
Alternatives: "are overhyped" or "are overpromoted".
Dictionary
are oversold
adjective
A stock or commodity market condition where there has been significant trading driving prices down to lower levels, levels which seem overextended or excessive on a short-term basis.
Exact(24)
Seed houses and canning suppliers are oversold.
That means some travelers have to use less convenient airports, just as someone has to wait when flights are oversold.
Other permit spaces are oversold on the assumption that not everyone will be commuting at the same time.
Others are oversold so that restaurants, for instance, have been unable to cope with the demand, meaning some people's vouchers expire before they can use them.
A lot of physicians complain that the advantages of electronic health records are oversold, and that they can be complex and confusing.
Bowl games are oversold, he argued, adding, "In front of 108,000 fans in State College, every home game should feel like a bowl".
Similar(34)
"That was oversold".
Is frugal innovation being oversold?
It's amazing how it was oversold.
This pioneering device should not be oversold.
Hybrids, then, may have been oversold.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com