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What Buyers Need to Know About Making an Offer on Active Contingent Listings

HomeLight

An active contingent listing means that the seller has accepted an offer from a buyer, but certain conditions haven’t been met yet. Many offers contain contingencies. In May 2020, 76% of closed sales contained purchase contingencies, a survey from the National Association of Realtors® (NAR) found. Common types of contingencies.

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Agent, Realtor, Broker: What Do You Call a Person Who Sells Houses?

HomeLight

While agents may specialize in buying or selling homes or both, and some specialize in luxury, commercial, or condominium sales, the role an agent plays often varies depending on their client’s needs. Vets all buyers and presents you with all offers and backup offers. Coaches you through the transaction and closing.