Remove Construction Remove Home sale contingency Remove Purchase and sale agreement
article thumbnail

Contingent vs. Pending: Real Estate Lingo Explained

RIS Media

.” There are other statuses in the MLS listings like “Pending,” “Contingent,” “Coming Soon” and “Expired.” ” What do they mean and how will they affect your home sale? Despite this, there can still be room to negotiate the conditions of the sale. Pending Meaning.

article thumbnail

What Is a Counter Offer in Real Estate? A Guide for Agents

The Close

These negotiation strategies are vital elements of real estate transactions and often determine the success or failure of a property sale. By mastering these techniques and learning from real estate counteroffer examples, agents can ensure that buyers and sellers achieve mutually beneficial agreements.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Real Estate Pending Vs. Contingent: MLS Lingo Explained for Sellers

HomeLight

Financing contingency Sometimes called a mortgage contingency , this specifies that the deal hinges on the buyer securing their loan. Considering that 78% of recent buyers financed their home purchase, this contingency is fairly standard. In other words, “pending” is the next step after “contingent.”

MLS 105
article thumbnail

How to Sell a House by Owner in South Carolina: A FSBO Guide

HomeLight

When the time comes to move, some tenacious homeowners in South Carolina are eager to take over the reins of their home sale and figure out how to sell a house by owner. As the market shifts, you may have new concerns about how much you can get for your home and the amount of your net proceeds. Get Started.