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What Does ‘Under Contract’ Mean on a Home Listing?

HomeLight

What contingencies might be attached to ‘under contract’ listings? Oriana Shea , a top-rated agent in California who has been helping homebuyers for 26 years, says that, depending on local multiple list service (MLS) rules and where the property is located, a listing might actually be tagged as “contingent” rather than under contract.

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Contingent vs. Pending: Real Estate Lingo Explained

RIS Media

” There are other statuses in the MLS listings like “Pending,” “Contingent,” “Coming Soon” and “Expired.” One of the most confusing things for buyers and sellers to understand is what contingent means vs. pending. Contingent vs. Pending? Appraisal Contingencies.

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16 Tips to Win a Bidding War on a House

The Close

Offer a Sizeable Down Payment Make a big impression by offering a large earnest money deposit (EMD) to hold the contract. Waive the Inspection Contingency Let me be clear—I am in no way suggesting that your buyers should not do a whole home inspection. In fact, I suggest quite the opposite.

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What Does Contingent Mean in Real Estate Sales

Realty Biz

If these contingencies aren’t met, the buyer can walk away from the deal. They will also get their earnest money deposit back , and the home will go back on the market. The home could be subject to a few different types of contingency. Home Inspection Contingency.

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How to Sell a House by Owner in Texas

HomeLight

Since you won’t be able to access MLS data without a real estate license, you’ll need to look at major home search sites to collect your data. Listing on the multiple listing service (MLS) will get your property more visibility. Conduct your own comps analysis Compare your home’s features against the nearby comps you collected.

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How to Sell a House by Owner in Colorado

HomeLight

Since you won’t be able to access MLS data without a real estate license, you’ll need to look at major home search sites to collect your data. Listing on the multiple listing service (MLS) will get your property more visibility. Earnest money. Conduct your own comps analysis. Step 7: Field and negotiate offers.

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How to Sell a House by Owner in California (2023 Updates)

HomeLight

Since you won’t be able to directly access MLS data without a real estate license, you’ll need to look at major home search sites to collect your data. Listing on the multiple listing service (MLS) will get your property more visibility. Earnest money. Conduct your own comps analysis. But not every offer is a good offer.