“I Know What You Meant” Department: Contingent Offer Confusion Residential real estate is full of confusing, non-intuitive (if not counter-intuitive) terms. Like, the Realtor that the industry calls “the Selling agent,” once a deal closes, actually represents the Buyer (the agent representing the Seller is known as “the listing agent”). See, “Quick! Who Does the...Read More
Needing to brush up on “contingent sales” (when a Buyer agrees to buy a home contingent on selling their current one), I hit the Internet in search of useful insights the other night. Mostly, what I found was misleading or wholly inaccurate information. But, I did encounter this nugget: apparently, somewhere in California recently no...Read More