Housing Wire

NOVEMBER 4, 2024

31, 2023, and has since reshaped the business practices for real estate brokerages and agents across the country. In writing both offers, Angela and I made sure to fully disclose how I was expecting her to get paid , as well as all of my requests, including a home inspection contingency clause. Funny you should ask.

Purchase and sale agreement 435

Purchase and sale agreement Inspection contingency Inspection Title 435

Housing Wire

SEPTEMBER 9, 2024

Like with the amount of earnest money deposit or including an inspection contingency, the amount the buyer is asking the seller to pay her agent is a term that impacts the strength of the offer,” Redfin chief economist Daryl Fairweather said in a statement. But different brokerages are experiencing different things.

Earnest money deposit 482

Earnest money deposit Inspection contingency Agents Marketing 482

HomeLight

OCTOBER 30, 2020

Or, even from a brokerage trading house, that it takes 10 or 14 days once the wire’s initiated for the money to get to the escrow company.” Problems come up during inspection. One of the big benefits of cash that’s constantly touted is that it allows you to remove contingencies from the deal.

Closing 116

Closing Inspection contingency Title search Purchase and sale agreement 116

Redfin

MARCH 18, 2025

The earnest money is typically held in an escrow account – a neutral third party, such as a title company or real estate brokerage, holds onto the funds until the sale is finalized. Financing contingency: If your loan falls through despite your best efforts, you can typically back out and recover your earnest money.

Closing 34

Closing Purchase and sale agreement Earnest money deposit Seller concession 34

HomeLight

AUGUST 30, 2021

You also might consider going with an agent or brokerage with a dedicated rent-to-own program. To protect yourself, consider adding contingencies (such as an inspection contingency ) that allows you to get an inspection before you occupy the house so you’re fully aware of any existing conditions.

Purchase and sale agreement 115

Purchase and sale agreement Inspection Inspection contingency Closing costs 115

HomeLight

FEBRUARY 26, 2021

You might not be aware of every flaw — that’s for the home inspection to notice — but once you are, you can’t hide them, and legally, neither can your agent. Buyers can still get an inspection to unearth problems. A home inspection is part of a buyer’s due diligence. But you can’t keep quiet about it, and neither can your agent.

As-is 111

As-is Sales Inspection Investor 111

The Close

SEPTEMBER 26, 2024

Here’s a closer look at their specific responsibilities, although these may vary based on the brokerage or team they work with. Deadline tracking: Monitor and communicate critical inspections, contingencies, and closing deadlines. In contrast, others hire personal transaction coordinators to handle paperwork and deal flow.

Brokerage 98

Brokerage Inspection contingency Industrial Land 98