Posts from September 19th, 2019
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19
What New Agents Need to Know About Contingencies
When it comes to why BHHS Homesale Realty is the best in the business, one thing we pride ourselves on is providing creative solutions to the challenges our clients can have. Although the basics of real estate are simple, the details can be surprisingly complex. Only the most knowledgeable real estate agents have all the tools to handle the unexpected.
One thing many new real estate agents overlook is contingencies.
Contingencies are conditions that must occur for the home sale to keep moving forward. Any number of contingencies can be represented as clauses in your home sale agreement. Contingencies benefit buyers by giving them an "out" in the event something unforeseen happens. There is no equivalent for sellers: The closest thing is declaring a home will be sold "as-is," a sign that no contingencies will be accepted.
