RIS Media

JULY 8, 2021

Agents can help buyers write the very best initial offer by contacting the listing agent to find out their preferred terms for closing dates and occupancy, rent backs if necessary, financing or cash options, so that they can put the best terms in their initial offer. Be relentless and resourceful.

Marketing 104

Marketing MLS Agents Rent back 104

HomeLight

MARCH 20, 2023

Financing Contingency: If the buyer’s mortgage proceedings fall through, they can walk away from the home. Appraisal Contingency: If the appraisal fails to meet or exceed the purchase price, the buyer can back out of the contract (or, more often, renegotiate the purchase price). Offer to accept a rent-back agreement.

Home sale contingency 85

Home sale contingency Purchase and sale agreement Sales Earnest money deposit 85

The Close

FEBRUARY 6, 2024

The less your buyers need to finance, the less likely the deal will fall through. They only had to finance a small part of the home loan (less than $100,000) after they offered to pay 80% of the list price in cash. Offer Rent Back The possession date is often a point of negotiation in any sale.

Pre-approval 75

Pre-approval Earnest money deposit Inspection Inspection contingency 75

HomeLight

JANUARY 28, 2022

These are some common contingencies in a traditional offer: Financing contingency : The buyer can leave the deal if they can’t obtain financing. Appraisal contingency : The buyer can back out if the home appraisal comes in lower than the offer amount (an appraisal lower than offer can also cause financing to fall through).

Purchase and sale agreement 105

Purchase and sale agreement Investor Agents Sales 105