HomeLight

JULY 6, 2023

In the meantime, with a “Contingent” status, the seller is typically allowed to continue showing the home and accept backup offers in the event something goes awry. Some MLSs limit “coming soon” status to 21 days unless the property is new construction or undergoing major renovations without occupancy.

MLS 105

MLS Backup offer Inspection contingency Purchase and sale agreement 105

RIS Media

MAY 19, 2021

The contingent status typically allows the home to be shown to other possible buyers, allowing backup offers to be made. Perhaps the seller needs some time to fix up the home before it is ready for the market or it is new construction. Not all sales will have contingencies with them, but most will. .”

Purchase and sale agreement 98

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

Realtor.com

MARCH 26, 2021

At La Clara, a new condo building [under construction] in West Palm Beach, people are buying two years out, they want to secure their place now,” Mr. Leavitt said. A backup offer rarely secured a transaction in the past, but with so many pending sales falling through, agents like Ms.

Marketing 47

Marketing Backup offer Agents As-is 47