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Real Estate Contracts >Contingency Contracts

Buyers walk into your home in your area and fall in love with it. There is one problem--they will have to sell their home before they can buy yours. Their offer contains a contingency clause which makes the purchase dependent upon selling their present home. Should you accept such an offer?

Your decision should be based on several factors. Is their home being professionally marketed at this time, or are they trying to sell it themselves (a risky proposition!)? How long has it been on the market? Is it overpriced? If the house doesn't sell, can the buyers take out a bridge loan or make other arrangements to get to the closing table? How important is timing for you? Will the buyers agree to let you continue marketing your home and accept a non-contingent contract (and void theirs) if their house does not sell? Contingent contracts often work out well, but you need the help of a professional to weigh the pros and cons.

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Q	What are the characteristics of classic Queen Anne architecture?
A	Queen Anne homes are the most elaborate, romantic and feminine of all Victorian Homes.
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The Distinguished Team, REALTOR®, real estate agent and broker for Bronxville, Yonkers and Scarsdale, New York home listings, property and land for sale - NUMBER1EXPERT(tm)

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Certified Mentor
As a Certified Mentor, REALTORS gain the knowledge and tools to facilitate this turn-key, activity-based training that will teach agents how to work by referral. The 100 Days to Greatness® program gives agents a defined plan for developing and generating referred leads. Many students in this program start getting results almost immediately when the lead generation activities they put into place begin to produce tangible results – leads! As a Certified Mentor, brokers are able to recruit and hire the finest agents, and retain them by providing a clearly defined path to success. Certified Mentors also learn how to develop an irresistible office culture that attracts the best of the best!

E-Pro
An e-Pro is a REALTOR who has successfully completed the e-PRO training program for real estate professionals. Endorsed by the National Association of REALTORS, the e-PRO course teaches professionals the nuts and bolts of working with real esta te on-line: Websites, email, on-line tools, and most of all, what today’s consumer really wants. In this fast paced age, technology has become a necessity. An e-PRO is someone who has recognized and responded to the needs of the new consumer. If you choose an e-PRO, it’s a safe bet you’ll get the kind of service you want—and need.

Certified New Home Specialist
This certification is recognized throughout the real estate industry as the premier certification specific to providing the highest level of service and professionalism in working with builders and new home buyers. As a Certified New Home Specialist, REALTORS belong to a group of the most highly respected individuals in the profession of real estate. Special and targeted marketing needs to be in place for newly constructed properties. Diversified advertising, better promotion, stronger buyers generate superior results. Your Certified New Home Specialist’s job is to take the deal from pouring the foundation to completing the last few finishing touches.

Certified Residential Specialist
Becoming a Certified Residential Specialist isn’t just the advanced training and education they receive. Knowing the marketplace is equally important. To earn the Certified Residential Specialist Designation, every REALTOR must have a significant combination of experience and number of real estate transactions. These strict requirements are your assurance that your Certified Residential Specialist is able to apply his or her education in the real world, giving you the knowledgeable, skilled service you expect. Every Certified Residential Specialist is also required to maintain membership in the National Association of REALTORS and to abide by its strict code of Ethics.

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