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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.” Two important statuses in the MLS are “Contingent” and “Pending.” Doing so could mean the forfeiture of their earnest money deposit.

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11 Homeselling Myths, Debunked

The Close

After all, a new listing on the MLS gets the most attention in the first week. Still, the car was detailed, professionally photographed, staged, posted online, and syndicated to numerous websites to find a buyer. Selling a home is the same—it’s not just a sign in the yard and a posting on the MLS. There are tools like Pivo.ai

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What Does Contingent Mean in Real Estate Sales

Realty Biz

They will also get their earnest money deposit back , and the home will go back on the market. Most of the time, when a home is at the contingent stage, sellers are still interested in offers from other parties. The status of a home will change to pending as the final stage before closing.

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You’re Not Alone! An 11-Step Guide To Making Your Best Offer With a Realtor?

HomeLight

can definitely help with this stage! will search the multiple listing service (MLS) to find available homes that fit your criteria. And finally, you’ll need to be prepared with cash for the earnest money deposit. Step 3: Identify the target of your offer. This is just a fancy way of saying “find your house.”

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How to Sell a House by Owner in Colorado

HomeLight

Step 3: Declutter, clean, and stage your home. You may also want to consider strategically staging your home so that buyers can envision how each space could be used. One survey of Realtors® found that staging can increase the sales price of a home by 1% to 5%, and 31% agree that a staged home sells significantly faster.

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How to Sell a House by Owner in Texas

HomeLight

Step 3: Declutter, clean, stage, and add curb appeal Research shows that deep cleaning and decluttering your home prior to listing will pay off in huge rewards. You may also want to consider strategically staging your home so that buyers can envision how each space could be used. Or the cost of a professional, if you so choose.)

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How to Sell a House by Owner in Florida (2022 Updates)

HomeLight

Step 3: Declutter, clean, stage, and add curb appeal. You may also want to consider strategically staging your home so that buyers can envision how each space could be used. One survey of Realtors® found that staging can increase the sales price of a home by 1% to 5%, and 31% agree that a staged home sells significantly faster.