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By Monique Walker

Monique Walker has 21 years of experience successfully buying and selling homes in the Phoenix market. She knows the neighborhoods, schools, and the local economy. Monique and her team do all the leg work, keeping you up-to-date with new listings and conditions as they impact the market.

Let’s Explore Your Selling Options. I’ll help you sell your home at the price and terms you want. Free Selling Strategy Call

Contingency offers can be challenging in today’s real estate market. Many sellers are hesitant to accept offers that depend on the buyer selling their current home first. However, the success of a contingency offer largely depends on the location and the seller’s level of motivation.

Is a contingency really necessary? For buyers who need to sell their home before purchasing another, the best approach is to explore options that avoid a contingency. When possible, securing financing or alternative solutions can make an offer more attractive to sellers. However, if a contingency is necessary, there are ways to make it work.

The importance of a backup plan. One effective strategy is to have a strong backup plan. If a seller is unwilling to accept a contingency offer, listing the current home quickly becomes the next best step. On average, homes are selling within 42 days, significantly faster than the market average of 70 days. This reduces the risk of delays and improves the chances of securing the desired property.

With experience handling contingency scenarios, there are solutions available for buyers navigating this situation. Understanding market conditions and having a clear plan can make the process smoother and increase the likelihood of success. If you have questions or need guidance, don’t hesitate to reach out. I look forward to hearing from you.

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