Realtor.com

APRIL 9, 2021

When a real estate listing is “under contract,” there are still contingencies attached to that offer that must be cleared before closing, says Kelley Ramirez , a real estate agent with Charles Rutenberg Realty in Central and South Florida. In other words, if you want this home for yourself, that could still happen.

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Realtor.com

NOVEMBER 28, 2022

That’s why it’s in your best interest to let your real estate agent play the field and allow your home to be shown, even if you’ve accepted an offer. Can you show your home with an offer on the table. Ways to protect yourself from a stalled home sale. “Should” is the operative word there.

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HomeLight

JULY 23, 2021

There’s a wealth of information within the MLS, and your agent has access to all of these useful details. Removing the home from the MLS would minimize their chances of receiving multiple offers ; it’s simply not ideal to jump the gun and pull the listing just because one agent has come forward with one offer.

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Windemere Selling

MAY 16, 2022

But the reality is that sometimes there will be bumps in the road, and the best thing you can do is work closely with your agent to be prepared for them. As a seller, it’s critical that you work closely with your agent to understand the terms of the buyer’s offer. So, what’s a seller to do?

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Easy Agent Pro

JUNE 8, 2021

Especially in the real estate industry it seems that all the SEO in the world won’t get the average agent to the front page of the Google search results. A coveted spot, for sure, but one that most agents will never reach by using the most popular real estate terms. As we all know, there’s more to an offer than price.

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Realty Biz

NOVEMBER 11, 2020

How your real estate agent markets your property when an offer has been accepted can have vital implications. For example, some agents will mark your home contingent, while others will mark pending. When a home sale is listed as contingent, it means that the seller has accepted an offer with contingencies.

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Realty Biz

SEPTEMBER 14, 2021

During this time, the seller can still accept backup offers from other interested parties. If you are interested in a property that is active under contract, stay in touch with the selling agent, and then you will be ready to act if the deal falls apart because of contingencies not being met.

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Backup offer Purchase and sale agreement Inspection Sales 132

The Residential Specialist

DECEMBER 31, 2020

The pandemic has caused a surge in the housing market, and agents must guide clients through the stress of buying and selling homes. With many restaurants, stores and other businesses closed, people also aren’t going out as much and realize they want more from their homes, whether it’s an updated kitchen or space to spend time outside.

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First Team Real Estate

NOVEMBER 9, 2020

In today’s active seller’s market with multiple offers, as a homebuyer, you need to make sure you’ve found an agent who’s truly committed to helping you find your next home at favorable terms. You deserve an agent who listens, understands, and develops a plan of action personalized to you.

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HomeLight

JUNE 9, 2023

A property listed as “contingent” in real estate means the seller has accepted an offer, but the deal isn’t fully closed yet. ” Step one: Talk to a few buyer's agents! It’s also true that most real estate contracts, even those with contingencies, end up closing.

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Point2Homes

DECEMBER 8, 2020

A home listed as contingent means the seller has accepted an offer. However, before the sale can go to closing, certain contingencies must be met. Essentially, contingent listings still have contingencies to be fulfilled in order for the sale to go through, so the seller may still be open to other offers. Contingent Statuses.

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RIS Media

APRIL 8, 2022

Something can come up (such as an unanswered financial obligation or a significant purchase before the closing that changes the debt-to-income ratio) and put a home back. . Sometimes significant problems are revealed that could hinder the closing happening. Placing a purchase offer on a contingent home. Low appraisal.

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Windemere Selling

NOVEMBER 30, 2022

The following information is meant to clarify some common real estate terms that describe a home for sale and its position in the closing process. For sellers, understanding this terminology will inform your conversations with your agent when it comes time to sell. What is closing in real estate?

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Purchase and sale agreement Backup offer Home sale contingency Inspection 52

RIS Media

APRIL 18, 2022

You may see some of these things or all of them before making an offer. Speak to your real estate agent about what to expect. It will help tailor your offer when the time comes. It may make sense to put in a backup offer when you’re not the winning bidder. The requested closing date. Final thoughts.

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Realty Biz

MAY 24, 2021

You can work closely with your real estate agent to structure an offer that will gain the attention of the seller based on contingencies, concessions, and anticipated closing date. Even if you are outbid, make your best offer a backup offer. Some buyers will offer more than they can deliver.

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The Close

APRIL 26, 2022

If you spend any time on Realtor Facebook groups like Lab Coat Agents these days, you will hear the same complaint again and again: “I have tons of buyers but no homes for them!” It’s enough to make any buyer agent want to throw in the towel. . Our agents use a 10-step search plan to find homes for their desperate buyers.

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Windemere Buying

JUNE 22, 2022

Making an offer on a house feels like a reason to celebrate. You’ve applied for financing , worked with your agent to search for available listings, put in time attending open houses, and have found the place you’re ready to call home. So, what happens after you make an offer on a house?

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RIS Media

MAY 19, 2021

When your real estate agent puts your home in the multiple listing service, it will have an “Active” status. However, this is just the start with many things to do before the status changes to “Closed.” It shows that the contract has been agreed upon, but some work still needs to be done before closing.

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Purchase and sale agreement Earnest money deposit Inspection contingency Home sale contingency 98

HomeLight

OCTOBER 20, 2020

In real estate, a “contingent” offer means that one or both parties have requested certain provisions before the deal closes. You’ll also deal with far fewer of these contingencies if you were to request a cash offer on your home from a direct real estate buyer. Protecting yourself with a kick-out clause.

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HomeLight

NOVEMBER 1, 2021

If you’re selling your home in a hot market rampant with bidding wars that drive up the purchase offers on home sales, you may realize that your home is unlikely to appraise for the inflated purchase offer or even for your asking price. The seller may receive fewer offers and lower offers. Source: (airfocus / Unsplash).

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HomeLight

SEPTEMBER 16, 2022

We researched the details and talked with an expert Texas real estate agent to help you make the most of an option period. The home will revert to “option pending” on the market and sellers can only accept backup offers during this time. What is an option period? How much is a typical option period fee? Is this refundable?

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First Team Real Estate

DECEMBER 7, 2020

Having several offers on your home is fantastic, however, how do you guarantee you pick the very best deal and don’t miss out on an even better one? Understanding your own expectations and wants, and communicating that to your agent is crucial to identifying the right offer when you have several pouring in.

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Purchase and sale agreement Pre-approval Title Backup offer 98

RIS Media

MAY 15, 2021

.” As fate would have it, an hour later, an agent with whom RomeoDiSantillo had a previous working relationship called to let her know that a home her clients showed a previous interest in was now available. The kicker? “That’s who she is,” explains Julie Lurie, office manager, CENTURY 21 Mack-Morris Iris Lurie.

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First Team Real Estate

DECEMBER 14, 2020

Our agents are also trained market experts who use our unique and proprietary Market Trends? We encourage buyers, sellers, and homeowners to supplement the Zestimate with other research such as visiting the home, getting a professional appraisal of the home, or requesting a comparative market analysis (CMA) from a real estate agent.”.

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HomeLight

OCTOBER 11, 2021

You’re on the hunt for a new home, and in addition to aligning yourself with an experienced agent , you’re also probably spending a lot of time perusing various real estate sites and researching available homes in your area. Can you still make an offer on the house, or are you out of luck? Why would a seller accept additional offers?

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HomeLight

DECEMBER 31, 2020

A qualified real estate agent will always be one of your best allies when it comes to arriving at a suitable sale price, but it doesn’t hurt to get an understanding of some of the approaches used to predict that magic number. “An Keep your comps close together. Reach out to a top local real estate agent.

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HomeLight

JULY 6, 2023

That’s why it’s important for your real estate agent to keep your property’s status up to date, both in the multiple listing service (MLS) that agents cooperatively use, as well as in online marketplaces, which pull data from the MLS. contingent,” so you can present your home accurately and still meet your selling goals.

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MLS Backup offer Inspection contingency Purchase and sale agreement 91

First Team Real Estate

DECEMBER 13, 2020

Our agents are also trained market experts who use our unique and proprietary Market Trends? We encourage buyers, sellers, and homeowners to supplement the Zestimate with other research such as visiting the home, getting a professional appraisal of the home, or requesting a comparative market analysis (CMA) from a real estate agent.”.

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Brokerage Backup offer Staging MLS 40

HomeLight

JANUARY 13, 2022

You’re getting ready to call your agent to schedule a showing when you notice that the listing says the property is “active contingent.”. An active contingent listing means that the seller has accepted an offer from a buyer, but certain conditions haven’t been met yet. Many offers contain contingencies. you think to yourself.

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Lab Coat Agents

AUGUST 10, 2021

Well, when sellers look for a real estate agent, the majority ( 39% ) are referred by a friend, neighbor, or relative. What’s more, they may even reach out to close friends and family who are in the market to let them know a house is for sale. How many beds, baths, and garage bays does the home offer? Under Contract ?

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HomeLight

JUNE 28, 2022

If you’re selling or buying a home, you may be wondering what kind of agent you need to hire. What’s the difference between a buyer’s agent, a listing agent, a seller’s agent, a Realtor®, and a broker? What qualifies an agent to meet your unique homeownership needs? Real Estate Agent. Transactions.

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HomeLight

JANUARY 5, 2022

To provide you with the most expert advice, we consulted with Los Angeles real estate attorney Zach Schorr , top real estate agent Basil Yaqub , who works with over 67% more single family homes than average in his area, and veteran agent Greg Garrett , who brings more than 40 years of experience in the real estate industry to the table.

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Purchase and sale agreement Backup offer Inspection Agents 107

HomeLight

DECEMBER 30, 2021

You’re so close to closing. described and compares to the values in the area,” explains top Los Angeles agent Keri White , who is also a home loan, title and escrow specialist. The appraisal is usually the last piece of the loan package to be completed before closing. You’re ready to move on. Be flexible in scheduling.

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Loans Agents Inspection Closing 117

HomeLight

MARCH 20, 2023

With the help of real estate agent Jesse Allen , a single-family home expert in southern Indiana , we’ll help to explain the ins and outs of home sale contingencies, and offer additional alternatives for buyers who currently own a home. Find a Buyer's Agent What is a home sale contingency?

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Home sale contingency Purchase and sale agreement Sales Earnest money deposit 90

First Team Real Estate

MAY 14, 2021

Online tech websites like Zillow are trying to get into the local real estate game, buying and selling houses, but the truth is that homeowners can make more money from a home sale and still save time and hassles by working with an experienced top real estate agent in Seal Beach like Brandice Presley. The Truth About Commission.

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HomeLight

MARCH 15, 2021

When you’re up against five, 10, or even 50+ other offers, the smallest details can have the biggest impact. And winning often comes down to something other than price or closing date. In this episode of The Walkthrough, Portland agent Sarita Dua shares how she won seven straight bidding wars in a single weekend.

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HomeLight

JUNE 29, 2022

Whether it’s dealing with price negotiations or determining a timeline for closing and moving out of the property, you’ll want to step into the process already knowing your objectives and what to expect from prospective buyers. Real Estate Agent. Real Estate Agent at Berkshire Hathaway HomeServices Realty Professionals.

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