When The Buyer Backs Out: Real Estate Sales SolutionsWhen The Buyer Backs Out: Real Estate Sales Solutions


About Me

When The Buyer Backs Out: Real Estate Sales Solutions

The first time I sold a house, I had no idea that the buyer could back out of the contract partway through. I was taken aback when it happened to me, and my real estate agent had to explain the process of terminating the contract and requesting the earnest deposit. After the contract was terminated, I spent a lot of time researching why a buyer could back out of a sale, what I could do about it as the seller, and ways to minimize the risk of it happening. I created this site to share what I've learned in the hopes of preventing other homeowners from experiencing what I did. I hope it helps you to be better prepared as you sell your home.

Categories

Archive

Latest Posts

Help Your Real Estate Agent Get Your Home Sold
26 October 2017

While it's true that your real estate agent is mor

The Millennial Home Buyer: How Technology Can Save Time And Help You Succeed
18 October 2017

For those who make up the most active segment of t

3 Things You Need To Know About Caring For Your Manufactured Home
17 October 2017

Mobile homes are a great way to become a homeowner

Do You Need To Sell A Vacant Home?
10 October 2017

In an ideal situation, your old home will sell bef

Where To Buy A Vacation Home Outside Of Manhattan If You Like To Swim But Hate Pools
27 February 2017

If you're the type that loves to swim, but hates t

Thinking Of Selling Your Home? Ways You Can Start To Prepare

If you are currently thinking about selling your home, whether you are interested in purchasing another home or you want to rent an apartment or condo instead, you may be wondering what you can and should do to ensure that your house is sale-worthy. Before you list your house on the real estate market, you will want to make sure that your home is appealing to any potential buyers. This will shorten the time your home is on the market and get you the sale price that you want. Read More 

3 Keys To Look For In A House When Downsizing To A Smaller Home From A Large One

Whether your family size is changing as your children leave the nest or you are just interested in living more conservatively, making the transition from a rather large house to a smaller residence can feel like charting new territory. It is definitely not an easy feat to make such a drastic change in your living situation, but it is doable if you are careful about looking for the right features in your new smaller home. Read More 

Is It Time To Raise The Rents? Three Things You Should Consider First

Is it time to review the rental rates you're charging your long-term tenants? Many landlords start taking a good look at their end-of-the-year figures and use those to determine if it is time to raise the rents. While you may be under contract that locks in the rental rates for some of your newer tenants for a few more months, the odds are good that many of your long-term tenants have been going month-to-month for a while now. Read More 

If You Love Entertaining, Make Sure Your Luxury Home Can Accommodate You In These Ways

Perhaps the only thing more enjoyable than shopping for a home is browsing homes that fall into the "luxury" category. By hiring a real estate agent who specializes in luxury homes for sale and giving him or her your desired area and price range, you'll get a chance to attend showings of a wide range of properties that offer an even wider range of enviable features. If you're the type of homeowner who loves having large gatherings at your residence, and you're also shopping for a luxury house, it's important to make sure that any homes you consider buying will accommodate your passion for entertaining. Read More 

Reasons To Sign A Short-Term Agreement With A Listing Agent

A listing agent is a key person on whom you'll rely when it comes time to sell your home. Before this process begins, though, you'll need to sign an agreement with the listing or real estate agent of your choice. This is an important document, as it gives the listing agent the right to represent you by listing and selling your home, and stipulates that you'll use this agent rather than switch your representation to another. Read More