What does contingent mean real estate?
A property listed as contingent means the seller has accepted an offer, but they’ve chosen to keep the listing active in case certain contingencies aren’t met by the prospective buyer. If a property is pending, the provisions on a contingent property were successfully met and the sale is being processed.
What does under offer mean real estate?
A property is Under Offer when a seller accepts an offer on their property that is subject to conditions, such as the buyer receiving finance approval. Normally when a property is Under Offer no further offers can be made or accepted.
How do I get involved in international real estate?
How to become an international real estate agent in six steps
- Pursue education. The first step to becoming an international real estate agent is making sure you have the necessary degrees.
- Obtain certification or licenses.
- Gain experience.
- Get your CIPS certification.
- Choose an area of interest.
- Network with other agents.
Can you put an offer on a house that is contingent?
In most cases, putting an offer in on a contingent home is an option to consider. Although it doesn’t guarantee you’ll close on the home, it does mean you could be first in line should the current contract fall through. Putting an offer in on a contingent home is similar to the homebuying process of any active listing.
Can you still put an offer on a house that is under offer?
If a property is ‘under offer’ you can still make an offer of your own. This is because it is technically still available. Until all the paperwork has been signed and exchanged, the buyer and seller do not legally have to proceed with the sale.
Is international real estate a good investment?
Investing in real estate overseas is a way to diversify beyond the U.S. markets. “Foreign real estate can be a very profitable long-term venture and can generate passive income,” says Alex Lavrenov, an agent at Warburg Realty in New York.
Can you be a real estate agent and still travel the world?
Just like luxury brands, a successful global real estate player must go outside the confines of his or her home market and make a mark on the world stage. Of course, modern technology allows an upscale real estate agent to travel the globe and make valuable connections — without ever leaving home.
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