Remove Agents Remove Design Remove Inspection contingency
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Agent commissions are being negotiated more often, but it’s a ‘tale of two markets’

Housing Wire

The new rules mandated by the National Association of Realtors’ (NAR) antitrust settlement are designed to encourage more negotiations for buyer agent commissions. That’s according to Redfin , which interviewed dozens of its agents about what they’re seeing on the ground in regard to buyer commission conversations.

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What Happens if the Inspection Contingency Expires on a Home Offer?

HomeLight

For this reason, most contracts contain an inspection contingency clause. But what happens if the inspection contingency expires? If this contingency period lapses before you’ve finalized your decisions, will you lose your deposit? Get Started How does an inspection contingency work?

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How Long Can a House Be Contingent?

HomeLight

These conditions, or contingencies, are agreed upon by the buyer and seller during the negotiation phase. Here are some of the most common contingencies you might encounter: Home sale contingency: This allows the buyer a specified amount of time to sell their current home.

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The advantages of a pre-listing home inspection

Realty Biz

Redin advises sellers that have a pre-listing inspection performed can share its findings on a disclosure form that’s designed to indicate their knowledge of any potential issues with the home. Due to this, waiving the home inspection has emerged as a common tactic among buyers.

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Buyers are sweetening the deal by waiving contingencies

Realty Biz

With home buyers facing tougher competition this year amid ongoing housing shortages, some are trying to gain an edge by waiving contingencies to make their offers look more enticing. Redfin said this week that almost 20% of successful offers submitted by its agents in June in select U.S. who did so in June 2019. In addition, 20.6%

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What Is a Counter Offer in Real Estate? A Guide for Agents

The Close

This guide is designed to provide essential knowledge and tips for answering the question, “What is a counter offer in real estate?” By mastering these techniques and learning from real estate counteroffer examples, agents can ensure that buyers and sellers achieve mutually beneficial agreements.

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What Does Removing the Loan Contingency Mean for Homebuyers?

HomeLight

We’ll also share how, as an existing homeowner, you can make a stronger non-contingent offer to get the home you want. Find a Top Agent With Experience in Contingency Offers If you need to make an offer on a home with contingencies, you’ll want a top agent by your side who can avoid pitfalls and secure the home you want.