Remove Home sale contingency Remove MLS Remove Pre-approval
article thumbnail

What Does Contingent Mean in Real Estate Sales

Realty Biz

Understanding how a home inspection works is essential for both buyers and sellers, given the importance of this real estate transaction phase. Home Sale Contingency. If the buyer still needs to sell their home before they can close on the new property, a home sale contingency can be put in place.

article thumbnail

How Fast Can I Sell My House? It Can Take 75 Days or 12

HomeLight

The days a home is on market, also called time on the market, means the length of time between the day the home is listed on the local multiple listing services (MLS) and the day the seller accepts an offer and it goes under contract. Appraisal contingency. Home sale contingency. Mortgage contingency.

Insiders

Sign Up for our Newsletter

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

article thumbnail

How to Sell a House by Owner in Florida (2022 Updates)

HomeLight

However, be aware that if you get a pre-listing inspection, you will be required to share relevant findings with buyers and how you did or did not address them. A pre-sale inspection also won’t necessarily stop a buyer from procuring their own independent inspection before closing. Get a pre-listing appraisal.

article thumbnail

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

HomeLight

To give your home the most exposure, pay to have your home put on your local MLS ( multiple listing service ) — a platform agents use to share properties with one another as well as major real estate sites. Only licensed real estate agents and brokers who are MLS members can post to the MLS. Market your home.

article thumbnail

How to Sell a House by Owner in Colorado

HomeLight

FSBO sellers in Colorado may consider getting a home inspection prior to listing their home for sale. However, be aware that if you get a pre-listing inspection, you will be required to share relevant findings with buyers and how you did or did not address them. Get a pre-listing appraisal. Step 9: Close the sale.

article thumbnail

How to Sell a House By Owner in Alabama

HomeLight

When you list in the MLS, you must include a buyer’s agent commission. If you choose not to list in the MLS so you can forgo the buyer’s agent commission, you’ll seriously limit the exposure your home will get. Only licensed real estate agents and brokers who are MLS members can post to the MLS.

MLS 97
article thumbnail

23 ways to find off-market, hidden inventory

Real Trends

Stop relying only on your MLS. If you want to stop competing (and losing), you must find homes that they’re unlikely to compete on! Get more creative with your MLS searches. They probably won’t be competing for those homes. This means they know who has a home to sell before they can close on the new one!