Real Trends

MARCH 3, 2022

If you have clients that are thinking about offering, keep in mind that the offers we have already received are well above list price, have waived inspection and appraisal, and are willing to honor the Seller’s request of a free 60-day rent-back.” So not cool.

Agents 103

Agents Due diligence Inspection Rent back 103

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 102

Marketing MLS Agents Rent back 102

The Close

FEBRUARY 6, 2024

When you remove the possibility of your buyers backing out, you’re giving that seller peace of mind that your clients are in it to win it. 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.

Pre-approval 75

Pre-approval Earnest money deposit Inspection Inspection contingency 75

HomeLight

NOVEMBER 10, 2021

They’ll know whether offering a rent-back period could sweeten the deal, or if it’s more common to pay seller closing costs. When it’s time for the inspection, they’ll reassure you that a damp basement is normal for the town, or tell you to get it checked out by a professional. Step 9: Order an inspection.

Inspection 92

Inspection Title Agents Pre-approval 92

HomeLight

MARCH 20, 2023

Other common contingency clauses include: Inspection Contingency: If the buyer finds fault with the home inspection report, they can ask for the seller to make repairs, or they can cancel the contract within the contingency period. The house stays on the market and it’s marked in the MLS as an active first right.

Home sale contingency 94

Home sale contingency Purchase and sale agreement Sales Earnest money deposit 94

HomeLight

FEBRUARY 4, 2022

Guide you through the steps of due diligence and inspections. Particularly in a seller’s market where homes are moving faster than MLS syndication to third-party websites can keep up with, you’ll want to be among the first to know when a new property is about to become available. Work with you to write a compelling purchase offer.

Agents 97

Agents Purchase and sale agreement Due diligence Inspection 97

HomeLight

JANUARY 28, 2022

Unlike a normal buyer, they won’t negotiate closing dates, offer a rent back period, or make other concessions. They’re not scouring the multiple listing service (MLS) and buying on the traditional market because they wouldn’t make money when they turned around and sold those homes. Cash buyers may have hidden fees.

Purchase and sale agreement 107

Purchase and sale agreement Investor Agents Sales 107