
03/04/2025
TRANSLATION : SELLERS BEWARE ‼️
Or more importantly Be PREPARED.
While a buyer terminating their contract isn’t the end of the world, in a Buyer’s market it RAISES QUESTIONS ⁉️FOR OTHER BUYERS. In addition, it adds TIME ON MARKET ⏱️⌛️which could also have an effect on your sales price outcome.💵
****Hiring an experienced REALTOR®️, with a focus on marketing like Stephanie Bateman Group, leads to greater return on your biggest investment 🏠 and reduced risk.*****
A lot of my colleagues would be shocked to know that in Texas 🤠 , a buyer can terminate a 🏠 contract for ANY reason within the first 7-10 days. In addition, you only forfeit a few hundred dollars 😮 [google option contract explained Texas].
Other states require 3% consideration and terminations must fall within specific categories and be documented.
Tell us what your state requires 👇🏻👇🏻