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20% of Winning Home Offers Waived the Inspection Contingency in June, Up From 13% Last Year

Redfin

of successful offers submitted by Redfin agents in select major U.S. markets waived the inspection contingency, compared with just 13.2% Winning offers waived the appraisal contingency at a similar rate—20.6%—up Active listings—the count of all homes that were for sale at any time during a given month— dropped 20.7%

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

HomeLight

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? Let’s begin by looking at the “what” and “why” of contingency clauses.

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Reality Check: 9 Things to Expect When Selling Your Home

HomeLight

The home sale process involves a long list of steps, and your execution of each impacts your final sale price. As with most things in life, preparation is the key to a successful home sale. With 24 years of experience under his belt, Thompson shared a few gems about navigating the home sale journey.

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Survey: Almost Half of Recent Homebuyers Made an Offer Sight-Unseen, the Highest Share on Record

Redfin

Redfin agents cite health concerns around the pandemic and competition fueled by a worsening housing shortage as reasons more buyers are bidding on homes before visiting them. I never would have chosen to buy a house this way, but I’d rather take a risk with my home purchase than take a risk with my family’s health,” Sanchez said. “I

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Buying in a Seller’s Market: 9 Ways to Win

Redfin

A seller’s market is when there are more homebuyers in a particular area looking to purchase a home than actual houses listed for sale. 2) Get a Great Real Estate Agent. Your buyer’s agent can provide you with keen insights into specific neighborhoods, such as walkability, schools, and other local amenities.

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What Is a Home Sale Contingency?

HomeLight

That means a large majority of homebuyers must consider the sale of their current home prior to buying a new one. Most often, this type of scenario calls for a home sale contingency. We analyze over 27 million transactions and thousands of reviews to determine which agent is best for you based on your needs.

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Closing on a House Checklist: 6 Things Home Buyers Must Do Before They Move In

Realtor.com

Get all contingencies squared away. Most purchase agreements have contingencies —things that buyers must do before the real estate transaction is official, explains Jimmy Branham , a Coral Springs, FL, real estate agent at the Keyes Company. It’s rarely advisable to waive an inspection contingency.

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