Preparing to Buy when you have a Sale of Home Contingency

How to buy a home when you need to sell your current one first.

We are currently working with buyers making Sale of Home contingency offers. We get our buyers' property 100% ready for market so that any offer we make gives that seller proof that we're fully prepared to sell the buyers' current house.

✅ HOW TO PRESENT A SALE of HOME OFFER…

When we make the Sale of Home contingent offers, this is what we send to the listing agent on the other side.

“Our buyers offer is contingent on the sale of their current home, and we’re ready to hit the market! As you can see, we are priced well within recent comps and should get offers quickly.”

I include a link to the draft of their MLS listing complete with

• professional photos

• floor plan

• area location map

• walk thru video

• recent comparable sales.

❌ HOW NOT TO PRESENT A SALE of HOME OFFER….

On the flip side, we received a Sale of Home contingency offer on a listing last week, and the buyer's agent didn't have any prep work done. He didn’t include photos or a price for the contingent property, and there was no information about comps.

We knew it could be weeks before the house was ready to list, and it wasn’t clear how they arrived at their asking price. We ended up choosing a lower offer that didn't have the contingency.

If you’re prepared, your Sale of Home Contingency offer can win!

Buying or Selling in Nashville?

WENDY MONDAY • BROKER

Onward Real Estate

@wendymondaysellingnashville on socials

wendy@wendymonday.com

615.642.1313

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With over 17 years as a licensed Broker, Wendy Monday is an expert in the local real estate market.   Wendy and her husband JT live in Hillsboro Village with their son Wulf, and their family adores a walkable neighborhood.  Wendy is consistently one of the top selling agents in Nashville. Her Instagram account @wendymondaysellingnashville illustrates her passion for providing up-to-the-minute market knowledge.