Brokerage Inspection Inspection contingency 
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.
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.
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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.
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.
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.
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.
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.
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