Jeff Dowler, CRS, The Southern California Relocation Dude (eXp Realty of California, Inc.)

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Rainmaker
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Nina Hollander
Coldwell Banker Realty - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

I've seen those offers but have never had a client accept one. Nor do I submit such offers--the liklihood of acceptance is virtually nil in our market.

Mar 14, 2016 09:29 PM
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Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Jeff Dowler CRS - I don't think it's easy in this market for sure.

Best thing is to work with first time home buyers - who does not have home sale contingency.....

Mar 14, 2016 04:22 PM
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Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

I have had it work out but have one now that probably will not. It is my listing and the seller is wondering what is the new game plan.

Mar 14, 2016 12:09 PM
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Chris Ann Cleland
Long and Foster REALTORS®, Gainesville, VA - Bristow, VA
Associate Broker, Bristow, VA

I actually have submitted two home sale contingent offers in the last six months.  Neither was accepted until their home got under contract.  Thankfully, both properties the two buyers were interested in were still available once they went under contract.

One of them did accept an offer from a buyer that had a home to sell, but it was under contract.  Everything lined up great.  

In my mind, good things tend to happen when a seller takes a leap of faith.

Mar 14, 2016 11:44 AM
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Noah Seidenberg
Coldwell Banker - Evanston, IL
Chicagoland and Suburbs (800) 858-7917

I have one going right now, I have the listing and we are trying to buy a condo based upon the sale of their house.

Mar 14, 2016 10:00 AM
Rainmaker
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Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

That is one of the problems here,  no homes to find.

Mar 14, 2016 09:58 AM
Rainmaker
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Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

I have submitted an offer contingent on my clients selling their home but not recently.   It was a very different market -- likely it would be more difficult if not impossible for most properties these days.  

Mar 14, 2016 10:08 PM
Rainmaker
3,069,284
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

1. No

2. Not recently

3. For the two times it happened - yes - both with "hard" Earnest Money!

Mar 14, 2016 09:13 PM
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Kat Palmiotti
406-270-3667, kat@thehousekat.com, Broker, Blackstone Realty Group - brokered by eXp Realty - Kalispell, MT
The House Kat

Yes. The offer was contingent upon the sale of their home, but there was an accepted offer on the home already. Everything went fine and we wound up closing on both houses on the same day.

Mar 14, 2016 08:47 PM
Rainmaker
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Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

NO!  You are kidding...... Endless cash buyers offer free rent back. No contingency. 

Mar 14, 2016 01:30 PM
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Debbie Laity
Cedaredge Land Company - Cedaredge, CO
Your Real Estate Resource for Delta County, CO

Hi, Jeff. I haven't had that situation come up in a while, but someone in office did. The buyer was selling in a hotter market than ours. The offer was accepted and the transaction was closed on time. Our market is just warming up. 

Mar 14, 2016 12:54 PM
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Patricia Kennedy
RLAH Real Estate - Washington, DC
Home in the Capital

It's hard to get one through when the buyer's home is under contract with every single contingency removed!  But you know?  If I were selling my own house, I wouldn't rule out a contingent contract. 

Mar 14, 2016 12:30 PM
Rainer
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Melissa Jackson
Century 21 Alliance Properties - Azle, TX
Helping You Make The Right Move

Not in the past year. Last year I did and it was down to the last few days for the sale of the home.  Seller just couldn't qualify for both loans. Got it done! Glad it worked out. Another, we ended up leasing the sellers home and they purchased their new property. 

Mar 14, 2016 12:29 PM
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Tammy Lankford,
Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668 - Eatonton, GA
Broker GA Lake Sinclair/Eatonton/Milledgeville

I think that 3 out of my last 5 contracts had that contingency with two of them having the back story contingency as well.  Still waiting on one to close. Also wrote one such offer last week where the listing agent decided to tell her client it was not worth the paper it was written on.  Wonder if she knows my success rate with these?

Mar 14, 2016 12:11 PM
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Candice A. Donofrio
Next Wave RE Investments LLC Bullhead City AZ Commercial RE Broker - Fort Mohave, AZ
928-201-4BHC (4242) call/text

Yes in fact we had one with three closings on the same day. AZ buyer's house in CA and their buyers house in WA. We had 3 awake agents and 3 awake title escrow officers. AND.
Today we closed one with buyer home sale contingency. Their sale, septic failed and had to be replaced before they could close. Delayed us by a week but all good. 1031 exchange.

Mar 14, 2016 11:52 AM
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Hella M. Rothwell, Broker/Realtor®
Carmel by the Sea, CA
Rothwell Realty Inc. CA#01968433 Carmel-by-the-Sea

Closest I got was having a buyer get an accepted offer on my listing; then the buyer wanted me to sell his home which I did in a week. Those buyers wanted a short escrow, but the seller of my original listing needed 2 months to get out. Everyone had to sit on their hands for that time, but it turned out ok. Everyone was paying cash. I don't normally like long escrows because all kinds of things can go wrong.

Mar 14, 2016 10:50 AM
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Inna Ivchenko
Barcode Properties - Encino, CA
Realtor® • Green • GRI • HAFA • PSC Calabasas CA

If it is the only good offer on the table, it will work, why  wouldn't it? That's why it is so important to have a conversation before submitting a contingent offer.

Mar 14, 2016 10:47 AM
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Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate

Jeff, offers like that just do not complete in my market.  I've not seen seller's accepting contingent offers. The few buyers I've worked with have not needed to sell.

Mar 14, 2016 10:45 AM
Rainmaker
1,157,329
FN LN
Toronto, ON

With our multi-year very hot market with numerous multiple offer situations, such an offer often would not merit much consideration.

Mar 14, 2016 09:59 AM
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Bob Crane
Woodland Management Service / Woodland Real Estate, Keller Williams Fox Cities - Stevens Point, WI
Forestland Experts! 715-204-9671

Depends on the how close they are to closing on their home as to whether we recommend that our sellers accpt one of these contingencies.

Had a seller turn on down today.

Jun 14, 2019 10:31 PM
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Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

In our crazy Seller's market, if you are contingent, you may not have a chance in ____ to get the offer accepted if buying under $500K.     In past years, many times you have move up buyers which are contingent on selling before closing on their purchase, and at times they have crashed, but most go through just fine.

Mar 16, 2016 09:46 AM
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David Gibson CNE, 719-304-4684 ~ Colorado Springs Relocation
Colorado Real Estate Advisers LLC - Colorado Springs, CO
Relocation, Luxury & Lifestyle residential

Jeff,
Our market is too hot for that. Sellers won’t even take full asking price.

Mar 15, 2016 01:15 PM
Rainer
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Evelyn M Epperson
Coldwell Banker Residential Brokerage - Johns Creek, GA
A Tradition Of [Excellence, Trust & Service]

No, our market is so hot right now there is usually 5 other offers on the same home.

Mar 15, 2016 08:41 AM
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Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

I've done a few, but only when there's an accepted offer on the other property and after the inspection contingency is over.  

Mar 15, 2016 05:04 AM
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Chrissi Chapman Topoleski
Coldwell Banker Realty - Woodbridge, VA
Passionate about helping others achieve success!

I have worked with both buyers and sellers with this contingency. My last one was so stressful I would be happy not to do it again.

Mar 15, 2016 03:30 AM
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William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

I had one of each last year and both sold to the initial parties

Mar 15, 2016 02:40 AM
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Richard Weeks
Dallas, TX
REALTOR®, Broker

Our market is still hot.  Most sellers will not consider that contingency.

Mar 15, 2016 12:59 AM
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Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Not a fan, especially in the current market! Never supported multi-level contingencies even in a slow market!

Mar 15, 2016 12:17 AM
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Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

I know of these and they work if ants do not enter pants...Relax & it happens

Mar 15, 2016 12:10 AM
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Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Nope.

Mar 15, 2016 12:03 AM
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John McCormack, CRS
Albuquerque Homes Realty - Albuquerque, NM
Honesty, Integrity, Results, Experienced. HIRE Me!

I've closed on both sides of this situation so it can be done.  It always stresses me.  

Mar 14, 2016 11:58 PM
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Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

I am working on one now ihave been writing about. There were many rejections before we found a seller who was willing to take it. 

Mar 14, 2016 10:40 PM
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TeamCHI - Complete Home Inspections, Inc.
Complete Home Inspections, Inc. - Brentwood, TN
Home Inspectons - Nashville, TN area - 615.661.029

 I have been involved with a lot of transactions that encompass that scenario.

Mar 14, 2016 06:43 PM
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Jeffrey Jones
AZ Home Seekers - San Tan Valley, AZ
AZ Home Seekers, azhomeseekers.com

In a hot market sellers are less likely to deal with contingent offers but as our inventory is growing we are seeing more contingent offers being accepted.

Mar 14, 2016 06:36 PM
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Joe Petrowsky
Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709 - Manchester, CT
Your Mortgage Consultant for Life

Good morning Jeff. I see contracts subject to the sale of another home from time to time, would say that less than 50% are accepted, but most are successful.

Mar 14, 2016 06:15 PM
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Joan Dickie
Keller Williams Premier Realty - La Crosse, WI
Keller Williams Premier Realty

I just had one accepted with a home sale contingency.  It was the first offer and I didn't want them to let it go just because of that.

Mar 14, 2016 01:21 PM
Rainmaker
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Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

Yes.  Last Sunday as a matter of fact!  The house the buyer was selling went fast to a non-contingent buyer.  Before that, I had 2 (out of two) contingent offers get accepted.

Mar 14, 2016 12:43 PM
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Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

My experience with contingent offers is that if it is there by the time you get your home sold, it wasn't a good buy in the first place.

Mar 14, 2016 12:39 PM
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Susan Laxson CRS
Palm Properties - La Quinta, CA
Local Knowledge & Global Network

Yes, our market is getting softer and sellers will consider them now.

Mar 14, 2016 11:24 AM
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Kathleen Luiten
Resort and Second-Home Specialist - Princeville, HI
Kauai Luxury Ocean Home Sales

Not recently but they can work in slower markets.

Mar 14, 2016 11:09 AM
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Abby Stiller
REMAX Realty Group - Cape Coral, FL
Professional Bilingual Realtor (239) 284-8637

No recently, but last year I received an offer on a listing with that contigency. At the beginning I was skeptical but Seller accepted it and buyer closed on his house 2 weeks before our closing. 

Mar 14, 2016 10:29 AM