Remove Backup offer Remove Closing costs Remove Home sale contingency Remove Staging
article thumbnail

How does the “buy before you sell” model differ from iBuyers and Power buyers?

Housing Wire

The original home is usually purchased at a discount. The second stage was pioneered by real estate agents that saw how hard the consumer experience was first-hand, so they created the PowerBuyer model to address those issues with less cost relative to iBuyers. We work with lenders to fix the problem at its root (i.e.,

article thumbnail

Real Estate Terminology: Contingent, Pending, Under Contract, and More

Windemere Selling

Pending: When a home is listed as “pending” it means the seller has accepted the buyer’s offer and the sale will most likely be finalized after a successful final inspection and the buyer securing financing. What does contingent mean in real estate? Image Source: Getty Images – Image Credit: xavierarnau.