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What Does Contingent Mean in Real Estate Sales

Realty Biz

How your real estate agent markets your property when an offer has been accepted can have vital implications. They will also get their earnest money deposit back , and the home will go back on the market. Will they be marketing the home properly? Sometimes real estate markets heavily favor sellers.

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

HomeLight

Real estate agents keep an eye on sales pending properties because there are a number of ways that the deal could fall through and the house could come back on the market. For further details, you should talk to your agent about your area’s local market customs and norms. Line up backup offers to hedge your risk.

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