Housing Wire
NOVEMBER 4, 2024
31, 2023, and has since reshaped the business practices for real estate brokerages and agents across the country. In writing both offers, Angela and I made sure to fully disclose how I was expecting her to get paid , as well as all of my requests, including a home inspection contingency clause. Funny you should ask.
Lab Coat Agents
JULY 31, 2025
If not managed properly, it can lead to costly delays or miscommunication. VAs can act as transaction coordinators, helping to manage everything from offer to close. Workflow Automation and Systems Support Automation can significantly reduce manual work—but setting it up requires time and tech skills.
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Redfin
MARCH 18, 2025
The earnest money is typically held in an escrow account – a neutral third party, such as a title company or real estate brokerage, holds onto the funds until the sale is finalized. Financing contingency: If your loan falls through despite your best efforts, you can typically back out and recover your earnest money.
Rochester Real Estate
NOVEMBER 5, 2015
Every state and contract has different terms but generally speaking, if you decide to cancel the listing agreement, you could possibly be responsible for any expenses incurred by the real estate agent and their brokerage. In most cases, inspections are at the expense of the buyer.
Housing Wire
SEPTEMBER 9, 2024
Like with the amount of earnest money deposit or including an inspection contingency, the amount the buyer is asking the seller to pay her agent is a term that impacts the strength of the offer,” Redfin chief economist Daryl Fairweather said in a statement. But different brokerages are experiencing different things.
HomeLight
OCTOBER 30, 2020
Or, even from a brokerage trading house, that it takes 10 or 14 days once the wire’s initiated for the money to get to the escrow company.” With cash, buyers are able to waive common contingencies, making the deal smoother and faster (not to mention sweeter for the seller).
The Close
SEPTEMBER 26, 2024
Here’s a closer look at their specific responsibilities, although these may vary based on the brokerage or team they work with. Deadline tracking: Monitor and communicate critical inspections, contingencies, and closing deadlines. In contrast, others hire personal transaction coordinators to handle paperwork and deal flow.
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