Agents Backup offer Inspection contingency 
Redfin
JULY 16, 2025
Backup offer stage: Backup offers are legal and provide an opportunity for other interested buyers to remain in line. The seller can officially accept a backup offer, which only becomes effective if the primary deal collapses due to unmet contingencies or buyer withdrawal.
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.
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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.”. What on earth does active contingent mean? Barnes has completed 10% more deals than the average agent in his area. Common types of contingencies. Inspection contingencies.
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.
HomeLight
JUNE 9, 2023
So in this context, “contingent” is a bit like saying, “Hold on, we’re working things out!” ” Step one: Talk to a few buyer's agents! Get Started Are contingencies common in real estate? It’s also true that most real estate contracts, even those with contingencies, end up closing.
Point2Homes
DECEMBER 8, 2020
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. A backup offer is not uncommon in real estate sales. As the name suggests, this contingency means that the home won’t be shown to other potential buyers.
Realty Biz
NOVEMBER 11, 2020
Let’s take a closer look at the meaning of contingent , so you can see how it might affect a home you are looking to buy. 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.
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