Redfin
JUNE 30, 2025
A real estate offer is a formal, written proposal to purchase a home. It typically includes: The purchase price Contingencies (like financing or inspections) Requests for the seller (such as covering closing costs or repairs) Other key dates (including response deadline, closing date, etc.
Housing Wire
MARCH 21, 2025
If you have a backup offer, know the facts before switching to that deal. If you don’t have a backup offer, get a 2-week extension, so you have time to resolve the issues and still get to the closing table, then get to work. Down Payment issue, and / or closing cost issue? -If
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Housing Wire
FEBRUARY 14, 2024
This model is still expensive for homeowners because they are paying duplicate closing costs and leaseback fees. The third iteration was pioneered by Calque and is the most cost-effective model of the three. Calque is SOC2 compliant and only collects data required to make a backup offer on your client’s current home.
First Team Real Estate
MAY 14, 2021
Brandice and her team go to bat for their clients on everything from preferred timeline, inspections, closing costs, backup offers, repairs, and so much more.
HomeLight
JUNE 29, 2022
As interest rates start increasing, as they are right now in 2022 , sellers may not have as many backup offers to consider as they would when rates were low. Price your house right to attract competitive offers. Negotiate closing costs with your ‘win’ priorities in mind. Too many contingencies.
First Team Real Estate
DECEMBER 7, 2020
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? Normally, both the buyer and the sellers are accountable for paying a part of the closing costs.
HomeLight
MARCH 20, 2023
A kick-out clause acts as a sort of compromise in light of an offer with a home sale contingency. They may be able to accept backup offers as well, depending on how the clause is written. Offer to pay the seller’s closing costs. Closing costs for a seller represent a significant expense.
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