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

Housing Wire

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. Calque is SOC2 compliant and only collects data required to make a backup offer on your client’s current home.

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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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Contingent vs. Under Contract: What Do These Terms Mean?

Marco Santarelli

When both the buyer and seller have agreed to each other's terms, and all contingencies have been met, the property is marked as “pending” and taken off the market. This is a marketing tool used by real estate agents to generate interest and build anticipation for a new listing.

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Can You Put an Offer on a House That’s Contingent?

RIS Media

Once you find your dream home and it happens to be marked as contingent, you can still place an offer. Real estate listings go through different stages. An active listing means the home in question is currently on sale, and sellers are actively open to offers. Other factors can also put a home back on the market.

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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. For sellers, reaching the pending stage means the finish line is within reach, but your home is still not officially off the market.

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What Happens After Making an Offer on a House?

Windemere Buying

However, celebrating at this stage in the buying process could leave you heartbroken if your offer isn’t accepted. So, what happens after you make an offer on a house? Revealing what goes on behind the curtain in this critical stage of the buying process will help you understand what to expect next.

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Contingent vs. Pending: Real Estate Lingo Explained

RIS Media

The contingent status typically allows the home to be shown to other possible buyers, allowing backup offers to be made. Lenders aren’t going to provide money for a property that the buyer’s offer has overvalued. – Withdrawn: This can happen if the seller has decided to pause showings and offers on the home.