Posted: 2/20/2016 2:17:56 PM EDT
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My wife and I have found the perfect house for an amazing price. It won't be on the market long. Only problem is our house has not sold yet. Our current house is great and I know it will sell fairly quickly, maybe we need to drop the price a little to hurry along the sale.
So my question is this, is it bad to make an offer on the house we want if the sale will be listed as contingent on the sale our current house? Should we suck it up and wait until we get an offer on our house before we make an offer on the house we want? My thinking is even if we agree on a price that makes the sale contingent it would at least discourage some others from looking at the house we want. The other problem is that our current house isn't listed on Zillow because my realtor along with many others is fighting with them over some lawsuit. I understand that but also know my house is missing out on around 50% of possible views. Should I just put it on Zillow myself. Thanks! |
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An offer with no contingency is a better / stronger offer. You can make your contingent offer more attractive by offering more. It's all about how much you like the house, how much you can afford and your risk tolerance. Don't make a hasty or emotional decision though. There is ALLWAYS an other house that's just as good if not better in the future. |
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Quoted:
I would have my realtor reply with first come first serve, if its still on the market when you got the money then your first in line. I probably wouldn't go that far. My reply would probably say that I will only take an offer that is contingent on selling their house if they give me the full asking price. I doubt many would go for that, but that is sort of the point. |
| why not get a new agent if you think you are missing out on half of the traffic to your house? I would do that before dropping your listing price. I know you are likely in a contract but I'd find anyway to get out of it to make sure my house was being seen by everyone. |