Backup offer Marketing Pre-approval 
Redfin
JULY 30, 2025
Here’s what that entails: Active offer: A situation where a buyer has submitted an offer that the seller has accepted, but the sale has not yet closed. The property remains an active listing on the market in some capacity, depending on the exact listing status. How can I make a strong offer with fewer contingencies?
Redfin
MARCH 5, 2025
A mortgage pre-approval can give you a clearer picture of your financial standing and help you secure a deal faster. Sellers may be more motivated to sell after having their home listed for a longer period, especially if they haven’t received any offers. The 28/36 rule is a common mortgage budgeting guideline.
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Redfin
JUNE 30, 2025
Your buyer’s agent supports you in finding a home, preparing your offer, and negotiating terms, while the seller’s agent manages the listing and marketing for the seller. In competitive markets, this step is crucial as the agent may compare your offer with others. A strong offer doesn’t just focus on price.
Redfin
JUNE 17, 2025
This allows them to keep showing the home and accept backup offers. If a stronger offer comes in, the seller can ask the original buyer to either remove their contingency or step aside — effectively “bumping” them out of the contract. A home with a bumpable offer is still active, and the seller can accept a stronger offer.
Redfin
MARCH 5, 2025
A mortgage pre-approval can give you a clearer picture of your financial standing and help you secure a deal faster. Sellers may be more motivated to sell after having their home listed for a longer period, especially if they haven’t received any offers. The 28/36 rule is a common mortgage budgeting guideline.
RIS Media
APRIL 18, 2022
Take time to understand the current housing market. There’s no guarantee that the property you like will be available when you’re ready to make an offer. You’ll want to be sure you understand the current market and what houses are available. Is it a buyer’s market or a seller’s market?
Realty Biz
NOVEMBER 11, 2020
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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