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 105

Marketing MLS Agents Rent back 105

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

The Close

FEBRUARY 6, 2024

Offer Rent Back The possession date is often a point of negotiation in any sale. Consider offering a rent back or lease back for free, or at least a significantly reduced rate, for a few weeks to give the sellers a little breathing room to move out of the home stress-free. Or it could end up in a bidding war.

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. Your agent can set you up with MLS access, filtered for your criteria. They worry that the buyer could back out of the sale at the walkthrough if they see something they don’t like.

Inspection 89

Inspection Title Agents Pre-approval 89

HomeLight

MARCH 20, 2023

The house stays on the market and it’s marked in the MLS as an active first right. At that point, the buyer can either drop the home sale contingency and purchase the house outright, or they can back out of the deal. Offer to accept a rent-back agreement. In Allen’s market, this term is more common.

Home sale contingency 92

Home sale contingency Purchase and sale agreement Sales Earnest money deposit 92

HomeLight

FEBRUARY 4, 2022

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. What if you could sweeten the deal for a seller by offering them a rent-back clause ?

Agents 95

Agents Purchase and sale agreement Due diligence Inspection 95

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 108

Purchase and sale agreement Investor Agents Sales 108