First Team Real Estate

AUGUST 8, 2021

The only way around re-listing is to accept backup offers, so during the planning phase of your home sale, talk to your listing agent about the pros and cons of backup offers. What does it mean when it says accepting backup offers? What is a backup offer? Be considerate.

Backup offer 98

Backup offer Earnest money deposit Purchase and sale agreement Inspection contingency 98

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.

Backup offer 110

Backup offer Sales Home sale contingency Earnest money deposit 110

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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Option period Earnest money deposit Due diligence Inspection 83

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.

Purchase and sale agreement 98

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.

Backup offer 56

Backup offer Purchase and sale agreement Earnest money deposit Home sale contingency 56

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.

Earnest money deposit 92

Earnest money deposit Purchase and sale agreement Closing costs Closing 92

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?

Home sale contingency 88

Home sale contingency Purchase and sale agreement Sales Earnest money deposit 88