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First and foremost, in a seller's market, it can be challenging to have a homeowner accept your offer with a contingency. Sellers understand that for their home to close with you, your buyer must first close on your home. This introduces an entire new transaction that they cannot control, making it less likely for them to select your offer, even if it’s the highest number they receive.
To avoid this issue, it's best to have your home listed and secure an accepted offer. Ideally, your transaction should be beyond the inspection phase so that both you and your buyer have addressed any concerns about the home. This makes your contingent offer much more appealing, as it is now more likely to close. Plus, you’ll have a finalized number to work with.
If you have any further questions on this topic, feel free to reach out to me anytime. I have a full guide I can also send you.
If you have any questions about the market in your area, feel free to reply to this email.
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