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. So what are the contract stipulations that put a listing into that “Contingent” stage, and how common is it for a property to hang in closing limbo?

MLS 105

MLS Backup offer Inspection contingency Purchase and sale agreement 105

First Team Real Estate

DECEMBER 14, 2020

Home Repairs and Staging. So we assess exactly what repairs and staging techniques will have the greatest return on investment for your home specifically. More sellers trust First Team because we bring more buyers to the table, immediately driving demand and ultimately maximizing your sales price. Our Strategy. Their Strategy.

Brokerage 105

Brokerage Backup offer Staging MLS 105

Marco Santarelli

APRIL 15, 2023

While there is still a chance that a property with a pending status can return to the market due to an inspection, appraisal, or financing issue, the chances are lower at this stage. This status can also be used if the seller wants to make improvements or renovations to the property before relisting it for sale.

Backup offer 52

Backup offer Purchase and sale agreement Inspection Finance 52

The Close

APRIL 26, 2022

Write Backup Offers With a Backup Clause Written by an Attorney. If your buyers love a neighborhood or home, don’t be afraid to write a backup offer on homes that are already pending. This is why we coach our buyers’ agents to encourage their clients to submit backup offers on hot properties.

Backup offer 98

Backup offer Purchase and sale agreement MLS Agents 98

HomeLight

DECEMBER 31, 2020

It can also be useful for correcting inaccuracies related to a home’s value and planning for renovations. You don’t want to have to worry about staging your home or opening it up for showings. You want to have a “backup offer” in case the regular listing process doesn’t work out.

Backup offer 119

Backup offer Sales Agents Closing 119

First Team Real Estate

DECEMBER 13, 2020

Home Repairs and Staging. So we assess exactly what repairs and staging techniques will have the greatest return on investment for your home specifically. More sellers trust First Team because we bring more buyers to the table, immediately driving demand and ultimately maximizing your sales price. Our Strategy. Their Strategy.

Brokerage 40

Brokerage Backup offer Staging MLS 40