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What Does Contingent Mean in Real Estate Sales

Realty Biz

For example, if a home sale is contingent or pending, can you still make an offer? 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.

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10 Things to Know About the ‘Sale Pending’ Phase, aka House Closing Limbo

HomeLight

Sale pending is the status in between active and sold, which indicates that you’ve accepted an offer and are in the process of selling, but that the sale is not yet completed. A kick-out clause gives you the right to continue showing the home during the contingency period. What does “sale pending” mean?

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