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Real Estate Tips
Real Estate Contracts >Contingency Sale

Sellers may be reluctant to accept an offer that is contingent on the sale of another property. However, such a sale can be structured to minimize the risks.

The seller should put a limit on the amount of time that the buyers have to accept an offer, and they should keep their home on the market during that time. They should also reserve the right to require that any contingencies be met within a short period of time, ideally 24 to 48 hours, if they get a second offer. This is called a "First Right" contingency.

Contingent sales can work well for the sellers. The buyer is not in a position to ask for concessions on price or terms and may be able to get interim financing. Each situation is different, however, so go over the terms with your real estate agent before accepting a contingent offer.

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Real Estate Trivia
Q 
What vast and beautiful territory is named with an Indian word meaning "Big Village"?

A 
Canada
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Rob Kittle & The Kittle Team, REALTOR®, real estate agent and broker for Fort Collins, Loveland and Windsor, Colorado home listings, property and land for sale - NUMBER1EXPERT

Kittle Team
Coldwell Banker

2580 E. Harmony Road Ste 201
Fort Collins, CO 80525
970-690-4920
Fax: 970-377-3701
robkittle@NUMBER1EXPERT.com

Rob Kittle started The Kittle Team in 1999 with the goal in mind to provide his clients with superior service in the Real Estate industry. The Kittle Team is compromised of 15 professionals that allow them to leverage their business and most importantly increase service and efficiency to their clients. The benefit to their clients is that they receive aggressive sales attention from an entire staff of professionals with one goal in mind - a successful transaction!   The Kittle Team sold 250 homes last year, that’s 38 times more than the average agent. The Kittle Team has provided Excellent Service for over 13 years and have helped over 1,750 families buy or sell their home! The Kittle Team has sold over $300 Million in Real Estate. Their client base is primarily made up of repeat and referral business. They pride themselves on providing the “Gold” service to their clients and their clients’ referrals.   Rob Kittle and The Kittle Team was named 108 of America’s top real estate professional teams by The Wall Street Journal and REAL Trends. The team is now a member of the “The Thousand Top Real Estate Professionals,” a prestigious national awards ranking sponsored annually by the two respected publications. The Kittle Team is now ranked in the top one half of 1 percent of the more than 1 million REALTORS® nationwide.   From short sales and foreclosures to million dollar sales, Rob Kittle and The Kittle Team are the experts. With their slogan “We Specialize...You Benefit”, their clients are guaranteed a smooth transaction in a challenging market.


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