“Lake Wobegon, where all the women are strong, all the men are good-looking, and all the children are above average.”

–Garrison Keillor

When Buyers make a Contingent Offer, what’s the contingency?

Selling their current home — what Realtors call “the backup house.”

For the record, I’ve never heard a Buyer’s agent characterize the backup home as being anything other than “ready-to-go, well-staged, and priced to sell.”

My listing agent question #1:  ‘please let me know when it’s on the market.”

Question #2:  when can I take a look?

P.S.:  And yes, some backup homes really are  . . . “ready-to-go, well-staged, and priced to sell,” that is.

About the author

Ross Kaplan has 19+ years experience selling real estate all over the Twin Cities. He is also a 12-time consecutive "Super Real Estate Agent," as determined by Mpls. - St. Paul Magazine and Twin Cities Business Magazine. Prior to becoming a Realtor, Ross was an attorney (corporate law), CPA, and entrepreneur. He holds an economics degree from Stanford.

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