Realtor.com

NOVEMBER 28, 2022

You’ve accepted the offer , which means you’re in wedded bliss and off the market, so to speak, right? If your offer’s wrapped up in the buyers’ ability to successfully offload their own home, there’s also a chance the sale could take months—maybe even years. Sure, you’ve found a (nearly) perfect buyer.

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Real Trends

MARCH 8, 2023

Use this guide to get your transactions back to the closing table and don’t give up. We have closed thousands of transactions over the lifespan of our real estate careers, and we have coached thousands of clients to meet or exceed their goals. You can still get to the closing table. The secret is to manage your mindset.

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Windemere Selling

MAY 16, 2022

But the reality is that sometimes there will be bumps in the road, and the best thing you can do is work closely with your agent to be prepared for them. If a buyer is hesitant about purchasing a home, the best time to back out of the deal is before their offer is accepted. Still, this scenario can leave sellers scratching their heads.

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Realty Biz

NOVEMBER 11, 2020

For example, if a home sale is contingent or pending, can you still make an offer? How your real estate agent markets your property when an offer has been accepted can have vital implications. When a home sale is listed as contingent, it means that the seller has accepted an offer with contingencies. What does Contingent Mean?

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Realty Biz

SEPTEMBER 14, 2021

The seller has agreed to accept a contingent offer from the purchaser. During this time, the seller can still accept backup offers from other interested parties. Homes are often marked in the multiple listing service as “pending” when a real estate agent is confident closing the sale.

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Point2Homes

DECEMBER 8, 2020

A home listed as contingent means the seller has accepted an offer. However, before the sale can go to closing, certain contingencies must be met. Pending listings are those in which the contingencies have been met and the legal documents just need to be finalized for the sale to close. How is Contingent Different from Pending?

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Norada Real Estate

APRIL 20, 2023

Can a seller accept another offer while under contract? If a house is under contract, can I still make an offer? When a seller accepts an offer from a buyer, they sign a contract that outlines the terms of the sale. When a seller accepts an offer from a buyer, they sign a contract that outlines the terms of the sale.

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The Residential Specialist

DECEMBER 31, 2020

With many restaurants, stores and other businesses closed, people also aren’t going out as much and realize they want more from their homes, whether it’s an updated kitchen or space to spend time outside. We tell them, with the way the market is right now, they may get multiple offers and to expect lots of showings initially,” Joyner says.

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RIS Media

APRIL 8, 2022

Once you find your dream home and it happens to be marked as contingent, you can still place an offer. An active listing means the home in question is currently on sale, and sellers are actively open to offers. Sometimes significant problems are revealed that could hinder the closing happening. Contingent meaning. Low appraisal.

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HomeLight

JUNE 9, 2023

A property listed as “contingent” in real estate means the seller has accepted an offer, but the deal isn’t fully closed yet. It’s also true that most real estate contracts, even those with contingencies, end up closing. ” So, what does contingent mean in real estate?

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HomeLight

JULY 23, 2021

Since most homes for sale are made available through the MLS — which syndicates to lots of different real estate websites and makes properties available to all agents within the region — it’s fair to wonder if a house with an offer on it will be removed from the MLS. Will a house with an offer on it be removed from the MLS?

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Realtor.com

SEPTEMBER 14, 2020

If you look closely at the photos, you can really see the lengths the owner went to,” Kearney says. “If If you look closely at the photos, you can really see the lengths the owner went to,” Kearney says. “He We actually received multiple offers. It is currently under contract, and I have a backup offer as well,” she notes.

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Windemere Selling

NOVEMBER 30, 2022

The following information is meant to clarify some common real estate terms that describe a home for sale and its position in the closing process. And for buyers, it helps to be familiar with these terms when searching for your next home and how they factor into making an offer. What is closing in real estate?

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First Team Real Estate

MAY 27, 2021

FirstTeam Real Estate agent Christine Bova closed an impressive $5 million in total transactions for the month of April, placing her among the top-performing agents in our Huntington Beach Seacliff Office. What would you say is your greatest strength? I am passionate about my family, philanthropy, and doing my job to the best of my ability.

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Realty Biz

MAY 24, 2021

Learn the number of days these houses have been staying on the market before an offer is made. Learn if the offers have been below the asking price, full asking price, or if a bidding war took place. Even if you are outbid, make your best offer a backup offer. Some buyers will offer more than they can deliver.

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RIS Media

APRIL 18, 2022

There’s no guarantee that the property you like will be available when you’re ready to make an offer. Multiple offers and bidding wars on houses are the norm, not the exception. You may see some of these things or all of them before making an offer. It will help tailor your offer when the time comes.

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Windemere Buying

JUNE 22, 2022

The seller rejects your offer: If a seller rejects your offer, your agent may be able to relay information from the listing agent as to why it was insufficient. This can serve as a learning opportunity for the next time you prepare an offer. This is an indication that your offer has piqued the seller’s interest.

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RIS Media

MAY 19, 2021

However, this is just the start with many things to do before the status changes to “Closed.” The contingent label in a listing indicates that the seller has accepted the offer; however, certain things need to happen before things can move on. This indicates that it’s available for showings. Contingent vs. Pending?

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HomeLight

OCTOBER 20, 2020

As any seller would be, you’re thrilled when an offer comes in for your property — but that excitement fades when you find out it’s contingent on the sale of the buyer’s home. In real estate, a “contingent” offer means that one or both parties have requested certain provisions before the deal closes.

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The Close

APRIL 26, 2022

Our persistence and strategy led to more than $1 billion in sales in 2021 and we’re on track to hit our goal of closing a thousand buyers in 2022. If you want to learn more about The Reynolds Team, check out my interview with team leader Sarah Reynolds Oji on The Close Weekly Podcast. Sarah Reynolds Oji at The Reynolds Team Meeting.

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Easy Agent Pro

JUNE 8, 2021

Multiple offers? how to buy a house before selling yours” is a trending Google search term (spiking 160% last week) so offering an answer in blog form is a wise move. Explain to readers what to pay close attention to in the purchase agreement. As we all know, there’s more to an offer than price. Audience: Home Sellers.

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HomeLight

SEPTEMBER 16, 2022

The home will revert to “option pending” on the market and sellers can only accept backup offers during this time. The earnest money and the option fee are credited to you at closing,” explains Bacak for buyers who move forward. If you don’t know what you want, the line disappears too quickly. What is an option period?

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First Team Real Estate

DECEMBER 7, 2020

In numerous cities, home buyer demand is up while inventory stays low– leaving house hunters fighting it out in multiple-offers scenarios and sellers attempting to browse everything. Having several offers on your home is fantastic, however, how do you guarantee you pick the very best deal and don’t miss out on an even better one?

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Purchase and sale agreement Pre-approval Title Backup offer 98

HomeLight

NOVEMBER 1, 2021

If you’re selling your home in a hot market rampant with bidding wars that drive up the purchase offers on home sales, you may realize that your home is unlikely to appraise for the inflated purchase offer or even for your asking price. An appraisal gap is the difference between the purchase offer and the appraised value of the home.

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First Team Real Estate

NOVEMBER 9, 2020

In today’s active seller’s market with multiple offers, as a homebuyer, you need to make sure you’ve found an agent who’s truly committed to helping you find your next home at favorable terms. You deserve an agent who listens, understands, and develops a plan of action personalized to you.

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RIS Media

MAY 15, 2021

The seller, despite having 13 backup offers, instructed his listing agent to contact “that agent” who came to his house with the “little girl” before putting the house back on the market—a testament that screams volumes about RomeoDiSantillo and how she puts herself out to the world. The kicker?

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Backup offer Inspection Agents Residential 84

First Team Real Estate

DECEMBER 14, 2020

Our collaborative approach to serving all of our very real clients allows us to match buyers and sellers within our network of local agents, and close transactions quicker and easier than anyone else. Pricing Your Home. Our Strategy. It is not an appraisal and it should be used as a starting point.

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HomeLight

OCTOBER 11, 2021

Can you still make an offer on the house, or are you out of luck? And can you still make an offer on an active pending short sale? The lender has the final say on these types of sales, and all offers must go through them. With a short sale, the bank is the one accepting the offer,” he says. Wait, what?

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HomeLight

DECEMBER 31, 2020

Keep your comps close together. An automated valuation model (AVM) is a tool that uses mathematical modeling, tapping into a database of recent sales of the property in question, comparable sales in the area, and other public data to come up with an estimated property value. Do your own comps analysis.

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HomeLight

JULY 6, 2023

When your home first hits the market, your listing agent will note that it’s “Active,” as in ready and available for showings — but there’s a lot of ground to cover before your agent lists the status as “Closed,” when you have a done deal and you’re ready to hand over the keys. Step one: Talk to an expert! Selling your house soon?

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Housing Wire

MAY 14, 2024

While agents are happy to see first-time buyers in the market, it has also resulted in more complications getting a transaction to the closing table. All of the first-time buyers are a lot of the reason why things are falling out of escrow — being a backup offer is a good position to be in our market right now,” Levin said.

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HomeLight

JANUARY 13, 2022

We’ve consulted with real estate experts and combed through the available data to help you understand what an active contingent listing is, what it means for buyers looking to put an offer on the home, and what buyers can do to make offers on active contingent listings more competitive. Many offers contain contingencies.

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First Team Real Estate

DECEMBER 13, 2020

Our collaborative approach to serving all of our very real clients allows us to match buyers and sellers within our network of local agents, and close transactions quicker and easier than anyone else. Pricing Your Home. Our Strategy. They actually have a disclaimer on their website where you can see exactly how inaccurate they are.

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Lab Coat Agents

AUGUST 10, 2021

To help you decide whether you’re still Team Sign Rider or all-in on online, we’ll explore some of the ways yard signs can help you generate high-quality buyer and seller leads, share a few ideas for eye-catching sign riders, and offer our best tips for turning your signs into a profitable lead source. Table of contents.

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HomeLight

JANUARY 5, 2022

It’s not unheard of for sellers to receive higher offers after signing a purchase agreement and want to back out of the contract. Typically, the seller’s agent stops accepting offers once the home is pending sale. However, it’s often a good idea to table backup offers, which may come into play if the sale falls through.

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Purchase and sale agreement Backup offer Inspection Agents 108

HomeLight

DECEMBER 30, 2021

You’re so close to closing. In addition, the Appraisal Institute offers its advanced credentialing of members such as MAI, SRPA, SRA, AI-GRS and AI-RRS designations in residential real estate. The appraisal is usually the last piece of the loan package to be completed before closing. You’re ready to move on.

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HomeLight

MARCH 20, 2023

Find a Top Agent With Experience in Home Sale Contingency Offers If you are considering a home sale contingency, you’ll want a top agent by your side when you make the offer. A home sale contingency is one of many contingencies that a buyer could choose to include in their purchase offer.

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