"Is a Contingent Offer in the Hand worth Two in the Bush?"

Real Estate Agent with Fathom Realty West Sound WA State 52404

 A while back, I wrote an article entitled, "Putting the Cart before the Horse: Making a Contingent Offer." It was written specifically to advise Buyers on the pro's & cons of writing a contingent offer. This time, I thought I would offer up some helpful counsel for Sellers on how to respond to contingent offers.

According to Webster's Online Dictionary, the word 'contingent' has several meanings. Can you guess which one is most applicable to real estate?

1 : likely but not certain to happen : POSSIBLE
2 : not logically necessary; especially : EMPIRICAL
3 a : happening by chance or unforeseen causes b : subject to chance or unseen effects : UNPREDICTABLE c : intended for use in circumstances not completely foreseen
4 : dependent on or conditioned by something else; contingent on fulfillment of certain conditions
5 : not necessitated : determined by free choice

To find out more about how Sellers should respond to 'Contingent' offers, go to SOUNDBITEBLOG (opens up in a separate window for ease of viewing)

                                                                                                               another fun, quality consumer-oriented article by Sparky

Posted by

Follow KitsapAgent on TwitterFriend Rich Jacobson on FacebookJoin Rich Jacobson's LinkedIn NetworkSubcribe to Rich Jacobson's YouTube ChannelListen to My Sweet Tunes on Last.fm


Rich Jacobson is a District Director for Fathom Realty and a licensed REALTOR®; an avid Crab Hunter, Clam Digger, and Oyster Shucker, He is the Social Media Evangelist for Life on the Kitsap Peninsula & The Western Puget Sound in scenic WA State.


This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
slow market
kitsap county wa
contingent offer

Post a Comment
Spam prevention
Spam prevention
Show All Comments
Robert and Lisa Hammerstein -201-315-8618
Keller Williams Valley Realty - Hillsdale, NJ
Bergen County NJ Real Estate

Hi Rich,

Left you a comment on your other Blog but forgot to mention that I loved this picture.  I get it!  A bird in the hand is worth two in the Bush.  Very clever my friend!

Sep 28, 2007 12:59 PM #1
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Rich I see this is another go read my other blog Posts for the answer :)

OK let me guess ....... I pick number 4. 

Sep 28, 2007 03:09 PM #2
William Johnson
Retired - La Jolla, CA
Retired Real Estate Professional
Hi Rich, I am subscribed to your other site . I meant to ask my helpful adviser Jim, about leaving comments. Because I pick it up on the feed, there is no link to comment. Am I supposed to go the site to do that? Dumb question but On the Google feed there is no place to comment.
Sep 28, 2007 04:16 PM #3
Seattle, WA
Great blog post, Rich!! I read it in it's full length and I think it's brilliantly written. I actually assumed it was more than just one of the definitions (in a lose interpretation sort of way!) The question is, is one bird in the hand really in the hand? ;)
Sep 28, 2007 11:03 PM #4
Derek and Mariana Wagner
The Artisan Group- Keller Williams Premier Realty - Colorado Springs, CO
The Artisan Group - Colorado Springs REALTORS®
Okay - I will check it out and return ... muah ha ha !
Sep 29, 2007 04:46 AM #5
Derek and Mariana Wagner
The Artisan Group- Keller Williams Premier Realty - Colorado Springs, CO
The Artisan Group - Colorado Springs REALTORS®
Wow! That was some excellent information for your neck of the woods. Real Estate is so multi-faceted. There is ALWAYS something new to consider, isn't there?
Sep 29, 2007 04:49 AM #6
Dionne Morgan
Realty World Solano Realty - Vallejo, CA

Contingencies, must be weighed. The time frame could be critical to the deal. Like poker you have to know when to hold them and know when to fold hem.

Sep 30, 2007 07:15 AM #7
David Dee
RMX REALTY - Alhambra, CA
Real Estate - San Gabriel Valley (L.A.) & N. Orang


Great post and well said!


Oct 03, 2007 05:24 PM #8
Post a Comment
Spam prevention
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?


Rich Jacobson

Your Kitsap County WA Real Estate Broker
Ask me a question
Spam prevention

Additional Information