RIS Media

MAY 19, 2021

” 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? Title Contingencies.

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Purchase and sale agreement Earnest money deposit Inspection contingency Home sale contingency 98

Point2Homes

DECEMBER 8, 2020

When searching for the ideal home, expect to encounter a few issues along the way, such as homes listed as contingent. But, what does contingent mean and how does it affect your purchase? A home listed as contingent means the seller has accepted an offer. How is Contingent Different from Pending? Kick-Out Clause.

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HomeLight

JANUARY 3, 2024

It means the buyer and seller have agreed to the terms of the contract, such as the price, the closing date, the personal property, the earnest money, tax preparation, and contingencies.” What contingencies might be attached to ‘under contract’ listings? Get Started What does ‘under contract’ mean?

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Purchase and sale agreement Earnest money deposit Inspection contingency Pre-approval 115

HomeLight

MARCH 24, 2022

To get the widest access to homes available for sale, you’ll need to be able to tap into the multiple listing service (MLS). Because you won’t have an agent retrieving search results on your behalf from the MLS, you will have to limit your search to less-vetted sites. And that’s not something to give up lightly.

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HomeLight

MARCH 2, 2022

Once the buyer orders a home inspection, your home is in the hot seat. Even if you’ve gone through the house with a fine-tooth comb and listed anything and everything on the seller’s disclosure , the home inspection might reveal issues that you weren’t aware of or are worse than you thought. What is a home inspection?

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HomeLight

APRIL 12, 2022

In addition to listing to the Multiple Listing Service (MLS), agents may use social networking and share listings to reach your target buyers. Most home sellers want their home sale process to be quick and painless. This can be particularly helpful if you’ve inherited a property or are moving because of a divorce. Looking to Sell Fast?

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HomeLight

OCTOBER 20, 2022

Even if you did a pre-inspection, the buyer will almost certainly do a home inspection – particularly if there are any inspection contingencies in the offer or if the lender requires it. DISCLAIMER: As a friendly reminder, this blog post is meant to be used for educational purposes, not legal advice. Latest tax statement.

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Purchase and sale agreement Pre-approval Inspection Title 111

HomeLight

JANUARY 3, 2023

While this is a general guide to selling a house by owner in Colorado, we always recommend that you look into the local regulations for your area and consult with a qualified legal professional before taking action. Higher interest rates have been cooling the housing market nationwide, and real estate in Colorado is no exception.

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HomeLight

MARCH 31, 2022

FSBO sellers in Florida may want to consider getting a home inspection prior to listing their home for sale. Disclaimer : HomeLight does not provide legal advice. The seller’s market continues to boom in Florida. Early 2022 data from Florida Realtors® indicates a 23% increase in median sales price and a 33.3% Real estate transfer taxes? .

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HomeLight

MARCH 31, 2022

Disclaimer : HomeLight does not provide legal advice. While this is a general guide to selling a house by owner in Arizona, we always recommend that you look into the local regulations for your area and consult with a qualified legal professional before taking action. Arizona real estate is as hot as the desert sun. 2022 , a 28.5%

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HomeLight

SEPTEMBER 10, 2022

A kick-out clause is a section of the real estate contract that allows the seller to continue to market a home that is under contract because the buyer has included a contingency that must be met before they will purchase the home. A seller is most likely to want a kick-out clause if there’s a contingency to your offer.

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Purchase and sale agreement Home sale contingency Sales Inspection contingency 111

HomeLight

APRIL 28, 2023

Disclaimer : HomeLight does not provide legal advice. While this is a general guide to selling a house by owner in Texas, we always recommend that you look into the local regulations for your area and consult with a qualified legal professional before taking action. Is a real estate attorney required?

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Realty Biz

NOVEMBER 11, 2020

For example, if a home sale is contingent or pending, can you still make an offer? Let’s take a closer look at the meaning of contingent , so you can see how it might affect a home you are looking to buy. For example, some agents will mark your home contingent, while others will mark pending. What does Contingent Mean?

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HomeLight

JANUARY 10, 2023

Disclaimer : HomeLight does not provide legal advice. While this is a general guide, we always recommend that you look into the local regulations for your area and consult with a qualified legal professional before taking action. Moreover, homes are sitting on the market for longer and inventory is increasing. Can FSBO sellers post a yard sign?

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Purchase and sale agreement Natural hazards disclosure Inspection Title 111

HomeLight

AUGUST 30, 2021

An experienced agent can help you by conducting specific MLS searches , consulting their real estate network, and through general knowledge of market and area trends. An experienced agent can help you by conducting specific MLS searches , consulting their real estate network, and through general knowledge of market and area trends.

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HomeLight

NOVEMBER 9, 2021

The days a home is on market, also called time on the market, means the length of time between the day the home is listed on the local multiple listing services (MLS) and the day the seller accepts an offer and it goes under contract. If you need to sell your home pronto, now is a great time. Just how fast can you sell your home? 18 days.

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HomeLight

MARCH 23, 2021

For the sellers, they help decide the list pricing, get the listing on the MLS database, and market the house to potential buyers. That may be true, but the process is far more complicated than that. Real estate agents are essential advocates through the homebuying process. Source: (Leon / Unsplash). What is a real estate agent? The Realtor®.

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HomeLight

NOVEMBER 29, 2021

Your house is spotless, if you can ignore the open house signs and marketing flyers strewn across the dining room floor. It’s time to sell your home, and you’ve made the bold decision to do so on your own — without hiring a Realtor®. Research your home’s market value and set a competitive listing price.

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HomeLight

SEPTEMBER 1, 2020

If your offer is accepted, you start the process of inspections, title checks, and negotiations while securing a mortgage loan and signing the papers when it’s all said and done. Most prospective homebuyers not only want a house that fits them; they’d like a good deal, as well! A date for a foreclosure auction is announced. Not all agents do!

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HomeLight

MARCH 20, 2023

Find a Top Agent With Experience in Home Sale Contingency Offers If you are considering a home sale contingency, you’ll want a top agent by your side when you make the offer. Find a Buyer's Agent What is a home sale contingency? Thus, the purchase agreement is “contingent” on the sale of the buyer’s existing home.

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Home sale contingency Purchase and sale agreement Sales Earnest money deposit 105

The Close

SEPTEMBER 26, 2024

Deadline tracking: Monitor and communicate critical inspections, contingencies, and closing deadlines. Coordination tasks: Schedule inspections, appraisals, and viewings; facilitate communication among all parties. At The Close, we often talk about real estate agents and what goes into that role.

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HomeLight

JULY 29, 2022

Appraisers use local multiple listing services (MLS) to evaluate this, among other resources. And, there are a lot of steps to the process that may seem surprising or unexpected. You may be wondering — when is the appraisal done when buying a home? Let’s dive into what you need to know. What is a home appraisal? Real Estate Agent.

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Purchase and sale agreement Earnest money deposit Inspection Loans 105

HomeLight

DECEMBER 31, 2020

The first is the active period, when your home is listed as available for sale in your local MLS. A kick-out clause gives you the right to continue showing the home during the contingency period. This is particularly helpful when the buyer’s offer is contingent on the sale of their existing home. What does “sale pending” mean?

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HomeLight

DECEMBER 23, 2021

Whether you’re selling a mid-century ranch in an established neighborhood, a 1920s arts and crafts bungalow on a tree-lined avenue, or a brand new contemporary white box in a just-built subdivision, a home inspection may very well reveal code violations. This should not create a panic situation. Codes change over time,” Barker reiterates.

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Redfin

AUGUST 4, 2021

Below we’ve broken down what each of these terms means in real estate, the differences between them, and their expected responsibilities. What is a listing agent? A listing agent, also known as the seller’s agent, is a real estate agent who represents a home seller in a real estate transaction. What is a selling agent? The listing agreement.

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Redfin

AUGUST 29, 2024

However, there are a lot of things to learn about how to buy a house, like current mortgage rates, your credit score, home inspections, and closing costs. As interest rates are dropping , now may be the time to buy a house. Long-term goals Do you plan to live in an area for at least five years? 3,000/$7,000 = 0.42

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The Close

FEBRUARY 6, 2024

I’ve compiled a list of my top tips on how to win a bidding war on a house to help you outsmart your competition and get your clients into their dream homes. Put in a Cash Offer It may seem obvious, but the first strategy I employ with my clients when I know they’ll face a multiple-offer situation is offering cash if possible.

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HomeLight

FEBRUARY 28, 2021

If you’re looking to live in a metropolitan area that offers an abundance of diverse cultural options and easy access to nature, Salt Lake City is your perfect fit. Tech and healthcare industries are booming here, making the city an attractive option for millennials. Source: (Guy Bianco IV / Unsplash). Get the lay of the land in Salt Lake City.

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Marketing Inspection Inspection contingency Due diligence 75

Housing Wire

DECEMBER 8, 2023

There are other ways to find inventory rather than just using your MLS. You cah also be more creative in your MLS searches in ways that net you more inventory to choose from for your clients. How you conduct yourself and how you present to each buyer prospect should not vary by situation.

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Housing Wire

OCTOBER 2, 2024

Online and offline resources are at your fingertips as a real estate professional, giving you more ways to find inventory outside of your MLS. Online and offline resources are at your fingertips as a real estate professional, giving you more ways to find inventory outside of your MLS.

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HomeLight

AUGUST 12, 2022

MLS has field to mark a listing “as is”? Looking to sell a house “as is” in California? Whether you’ve got a fixer-upper or recently inherited a relative’s home, sometimes the goal is to skip repairs, get a fair offer, and move on. Sell 'As Is' With a Cash Offer. Skip repairs and close in as few as 10 days. Request Cash Offer. Disclosures.

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Marco Santarelli

AUGUST 2, 2020

June also marked the first noticeable year-over-year price contraction, coming in 2% below June 2019's median of $735,000. Residential sales in NYC were reported to be down by 25% as compared to last year. Data by PropertyShark.com shows that in the second quarter of 2020, the median home sale price in NYC was $688K, a -1% change year-over-year.

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