What are the Contingencies in Real Estate?

What are contingencies? What are common contingencies in real estate? Here's what you need to know about contingencies in the real estate offer.
Real estate agents, listen up. Contingencies will be something you encounter in during the real estate offer in your career. If you are representing buyers and sellers, then you need to know about contingencies. These are the "what if's" that pop up in the offer.
In this video, Robert Rico shares with you the 3 most common types of contingencies you will encounter.
#contingencies #realestateoffer #realestatecontingencies
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Read the 3 common contingencies in the real estate offer:
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[@csantoya]

You rock Rico! Keep up your momentum. You're an inspiration :)

[@USRealtyTraining]

You rock for watching! Glad you enjoyed it!

[@suzisellsvegas]

You are the best teacher ever!! Thank you Rico!!

[@USRealtyTraining]

Happy to help! Thanks for watching.

[@gothamcity007]

Finally someone explained this annoying “contingency” word correctly. Barley understood it in my real estate materials, Thanks Rico!

[@USRealtyTraining]

Glad it was helpful! Thanks for watching, Gotham! Are you enrolled in our program?

[@gothamcity007]

@@USRealtyTraining No I am not, sorry for delay reply been studying for the exam.

[@Rebecavch]

Excellent explanation! Made it simple to learn. Thanks Mr. Rico 🤩

[@USRealtyTraining]

Anytime! Happy to help.

[@candacehunter9582]

I love you 😂… I was so confused about this word and you put it in the most simplest form ❤️ I also want to thank you for helping me pass my exam first try! Within 3 months! This school and you tubes really has helped me jump start my career ❤️❤️❤️

[@USRealtyTraining]

*Candace! Wow!* Thank you so much for the kind words! This comment made my day! Is there any way you could share this in a review on our business page? Reviews like these truly help us grow as a school and it helps other people connect with our resources. Here's the link: g.page/CARealtyTrainingHB/review?gm This comment truly touched me. Please keep in touch and share all the exciting things you do in your career!!

[@stevienelson411]

Great way to explain the word contingencies in real estate without using the BiG words. You make it easy to understand. Great Work !!!!

[@USRealtyTraining]

Happy to help! We're glad you found this video helpful. If you have a moment, please give this video a like, subscribe to our channel, and hit the bell icon. That is the best way to get notified when we release a new video. It also helps our channel grow so we can continue to produce helpful content like this video. Thanks again for watching and we hope to hear from you again.

[@jacksontangen7741]

Great video man, thanks for keeping it simplified.

[@USRealtyTraining]

Thanks for watching, Jackson! Are you currently in the program?

[@rosemore6785]

This man is a jewel, as english my second language makes much easier for me to understand. God bless you!

[@USRealtyTraining]

Happy to help! Thanks for watching, Rose.

[@patrickdgarez86]

I watched you when I was studying for my RE exam but failed to subscribe. Forward to now, I have kept hearing this word and looked it up and there you were. BAM! Explained perfectly and the "only-if's" will lock it in. Thank you, sir. Hats off. Subscribed this time.

[@USRealtyTraining]

Great to have you as subscriber and happy these videos helped you get to where you are today. Thanks again!

[@angelique.xoxoxx]

You’re an inspiration & your videos give me motivation! 🙏💙

[@USRealtyTraining]

I'm so glad! You got this! Thanks for watching.

[@alfredor62videos1]

YOU ROCK RICO /YOU ARE MY NEW LIFE

[@USRealtyTraining]

YOU GOT THIS, ALFREDO!

[@marlynmercado3448]

Thanks a bunch !! You rock

[@USRealtyTraining]

Thanks for watching!

[@williamlaurentsuarez3852]

Super helpful, thanks for sharing. I really love the way you explain it.

[@USRealtyTraining]

Glad it was helpful! Thanks for watching.

[@azitakhanlari1111]

Thank you for your videos; they are great! I've heard there have been changes in California law. Could you please explain these changes? I really appreciate it.

[@vando5199]

I love that your videos are short!

[@USRealtyTraining]

Glad you like them! Thanks for watching!

[@ferroudjagrim381]

Great videos!!! Keep up the good work Rico

[@USRealtyTraining]

Glad you like them! Thanks for watching, Ferroudja.

[@emaye7121]

Thank you very, very, very...much!😎

[@USRealtyTraining]

Glad it helped! Thanks for watching.

[@jefftherealtor382]

Love it man !

[@USRealtyTraining]

Glad you enjoyed it! Thanks for watching and dropping a comment. Hope to hear from you on another video.

[@traceymoraleja4377]

ilove how you explain thngs thank you so muchhhhhhh

[@USRealtyTraining]

Glad you enjoyed the video! Thanks for watching.

[@maishaadams7324]

Brilliant!!!! thank you for making this term easy to understand and retain

[@USRealtyTraining]

Glad it was helpful! Thanks for watching, Maisha!

[@LimooEggs]

subscribed thank you for the information

[@USRealtyTraining]

Thanks, Davron! You rock!

[@dhb7346]

Now I understand! Thanks 😊

[@USRealtyTraining]

Thanks for watching! Glad this video helped you understand contingencies a little better. If you have a moment, please like this video, subscribe, and hit that bell icon. That's the best way to get notified when we release another video like this one!

[@jennifervarela2423]

Thank you thank you your an angel!

[@USRealtyTraining]

You are so welcome! I'm glad this video was helpful. Thanks for watching, Jennifer!

[@jennifervarela2423]

This guy speaks my language not sure if he’s from NY but I like him explains it nice and simple as for me I’m still learning hella home buying terms and this video helps me comprehend

[@USRealtyTraining]

I'm based out of LA, but some of the material I cover is applicable across the country. Keep up the great work, Jennifer! Glad you enjoy the channel. Be sure to let me know if you have any terms you'd like me to cover too, because I love getting viewer submitted ideas. Hope to hear from you again!

[@pattylemus4938]

Thank you 🙏 it really help me understand contingency

[@USRealtyTraining]

Glad you liked the video, Patty! I appreciate the viewership and I'm so glad it helped you learn more about contigencies.

[@cj7006]

Thank you so much! 😭😭😭 🤘🏼

[@USRealtyTraining]

You are so welcome, CJ! I'm so glad you enjoy these videos.

[@BossChronicles]

Excellent!

[@USRealtyTraining]

Hi Shawn, Thank you for the feedback and thanks for watching! :)

[@armanvardumyan3248]

Good stuff!! Can you please list all the contingencies on an offer?

[@gabrielaloya5988]

Thank you so much

[@USRealtyTraining]

Thank YOU for watching!

[@jueunskaltsas2322]

Your video is great^^👏👏👏

[@USRealtyTraining]

Thanks, Jueun! You're great for watching it!

[@cherichanel2086]

Thank you

[@USRealtyTraining]

You're welcome! Thanks for watching - glad you liked the video!

[@Bigmdn29]

THANK YOU !! NOW I GOT IT :)

[@USRealtyTraining]

Thank YOU for watching! Glad you understand it!

[@vanessaanddongritton4335]

Helps a lot

[@USRealtyTraining]

Happy to help! Thanks for watching!

[@Soso0408]

Great video

[@USRealtyTraining]

Glad you enjoyed it!

[@ingridmarin3153]

I subscribed you are good

[@USRealtyTraining]

I'm so happy you enjoyed the video and that you subscribed to the channel! Glad you're liking the videos. Hope to hear from you again!

[@brandonclark4882]

I like how the "only ifs" return for the last video from the first in the Understanding Terminology playlist. It was a great time to spend learning and a decent way to wrap up the session. Great coach! He explains enthusiastically and assuringly confident while still competent.

[@USRealtyTraining]

Thanks, BClark! If you enjoyed this video, be sure to share it with a friend or colleague. Doing so helps get word out about our content and helps us grow our channel so we can continue producing great content like this video. Thanks again!

[@bgmbgm2385]

What if agent doesnt put contingency can buyer get down payment back if buyer changes mind?

[@DirectionPos]

When he says oh my god what should i do? I remember carlos matos from butconeeeeeeeeect

[@alphawavesready6639]

If an appraisal contingency doesn't pass what happens? What does that mean? Also loan contingency... they are pre approved so during the loan contingency what happens.. what type of procedure a buyer goes through with the loan contingency?

[@USRealtyTraining]

Hey there! We made a video all about appraisal contingency: kzbin.info/www/bejne/g3jblHWBdsdpq9U What do you think of it?

[@alphawavesready6639]

@@USRealtyTraining i loved it man it was perfect. Thank you so much. Im in bay area i was wondering if there are videos of watching tutorials on how to use paragon MLS

[@familychannel024]

👍

[@USRealtyTraining]

Thanks for watching and SUBSCRIBING, Andre!

[@musicface05]

Great vid, but 1:55 before you explain what it is? Geez.

[@mrbass093]

So only if?

[@USRealtyTraining]

We're more than happy to answer any questions. Could you help me understand what you're referring to? (: