Realtor.com
JANUARY 12, 2021
You could, for example, insert terms in the purchase agreement that allow you, as the seller, to continue to accept offers and for the buyer to be allowed the option to match or exceed any higher offers. Buyers can also take backup offers (more on these options later). Can home sellers accept backup offers?
HomeLight
JANUARY 13, 2022
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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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. Backup Offers. And, of course, keep showing your client’s home until the backup offer is accepted!
Realty Biz
MAY 24, 2021
Then the residential market rebounded quickly. You can work closely with your real estate agent to structure an offer that will gain the attention of the seller based on contingencies, concessions, and anticipated closing date. Even if you are outbid, make your best offer a backup offer. Be patient.
Realty Biz
JUNE 30, 2021
In this tight market, buyers can expect it to take many months between first checking their credit score and when they’ll close on a home. You’ll be viewing properties online, talking to agents, touring houses, and making offers even when you think someone else will make a better offer. Stay in Touch with Your Agent.
RIS Media
MAY 15, 2021
” RomeoDiSantillo is all about raising the standards of the residential real estate industry and the expectations and experiences consumers should receive—and “they most definitely deserve.” ” With the Chowdhry family, the relationship began with a phone call at 9 p.m., despite two children needing to get to bed.
HomeLight
DECEMBER 30, 2021
You’re so close to closing. After you accept an offer, the buyer’s mortgage lender typically contacts a third-party appraisal management company (AMC ). 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.
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