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A CLAUSE OF YOUR OWN

If you are selling a home in today's market, you will likely be presented with offers that have contingencies. One contingency typically tacked on by buyers is the one that makes the sale contingent on their selling their own home. There is also a financing contingency, which allows buyers a certain amount of time to get their their loan commitment. During this time the seller has to take his or her home off the market. While these contingencies are perfectly proper, seller's agents may suggest strategies for protecting their clients' best interests.For instance, experienced agents know that sellers may counter with a kick-out clause, which allows them to continue showing the home and consider other offers

It's negotiating details like these that make working with an experienced real estate professional worthwhile.

Posted Tuesday Oct 02