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Is a Home Sale Contingency Clause Always Necessary? Here Are Your Options

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Home listings have been in short supply for several years now across the U.S., To succeed in getting a seller to consider your offer, you need to work in advance with your real estate agent to assess the best bargaining tools to entice the seller to move your offer to the top of the list. What is a contingency clause?

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What Is a Home Sale Contingency?

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That means a large majority of homebuyers must consider the sale of their current home prior to buying a new one. At the same time, it usually does not make sense for buyers to sell their home without having a new one lined up to move into. Most often, this type of scenario calls for a home sale contingency.

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Sell Your House for Cash: For Some, the Convenience Can’t Be Beat

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While that still happens in scenarios where a seller can’t afford repairs or is facing serious issues with a property, cash sales have expanded beyond the distressed homes market, as sellers benefit from new technologies, instant sale platforms , and a competitive housing environment that has increased the percentage of cash offers.

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Do I Accept the First Offer on My House, or Wait and See?

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After listing your home for sale, you eagerly, nervously … anxiously await the news that someone wants to buy it. For more expertise, top real estate agent Kris Shook , who works with 77% more single family homes than the average agent in Tacoma, Washington, shares insights. Find an Agent.

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When Should I Sell My House? 6 Tips to Help You Decide

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The time of year and market conditions you list your home in can significantly impact your sale speed and price. Nationally, data points to November as the best month to sell if you’re looking to maximize your sales price, and July is the best month if you’re looking to sell fast. Source: (Icons8 Team / Unsplash).

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Tempted by Those ‘We Buy Houses’ Ads? Weigh the Pros and Cons

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Michael Ramos is an experienced agent in San Jose , California, who sells homes 61% faster than average agents in his area. He says that these companies buy homes, “at a very discounted rate because they’re going to resell them or flip them for a profit. Sell Your Home Without Repairs, Staging, or Showings.

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Everything You Need to Know About Making an Offer: 15 Tips for Homebuyers

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Basic overview: You’ll work with your agent to deliver the offer to the seller’s agent on the forms used in your state. If and when all parties do agree to the terms, your agent will draft a final offer, and all parties will sign it. Hire the right agent. Buyer’s agents, we know the tricks. No sales contingency?