When Selling a Home, What Does "Contingent" Really Mean?
When Selling a Home, What Does "Contingent" Really Mean?
When Selling a Home, What Does "Contingent" Really Mean?
In the Liberty, MO real estate market, a "contingent" offer means the buyer must sell their current home before finalizing the purchase of yours. While it may still include typical contingencies, such as financing or inspections, the home sale contingency is the defining factor. Stephanie Dorr helps sellers understand how this status affects timing, marketing, and negotiation power.
What Does "Contingent" Mean in Liberty Real Estate?
If you've listed or searched for homes in the Liberty, MO area, you've likely seen listings marked as "contingent." In our local MLS, this status typically indicates that the buyer must first sell their current home before completing the purchase. It's a common condition in our market, and it's important to understand if you're planning to sell your home in Liberty.
The Basics of a Contingent Offer
A contingent offer means the seller has accepted an offer, but the buyer has included a specific contingency: they need to sell their own home first. This is known as a "home sale contingency." The deal can only move forward once their current home is under contract or sold.
Additional Common Contingencies
In addition to the home sale contingency, most Liberty offers also include:
Financing Contingency: The buyer must be approved for a mortgage.
Inspection Contingency: The home must pass inspection.
Appraisal Contingency: The property must appraise at or above the agreed price.
Title Contingency: The title must be clean and transferable.
What This Status Means for You as a Seller
When your home is marked as "contingent" in Liberty, it's under contract, but not yet sold. The buyer must fulfill their home sale requirement before you can move forward. Until that happens, the transaction remains in a holding pattern. Your home will be marked as "contingent" in the MLS, and you might continue receiving inquiries or backup offers.
Liberty, MO Market Snapshot
As of mid-2025, the Liberty real estate market remains steady, with well-prepared and rightly priced homes averaging fewer than 20 days on the market. However, many buyers are also sellers — they need to unlock their equity before purchasing their next home. That's why "home sale contingencies" are especially common in our area.
Should You Accept a Home Sale Contingency?
It depends on your goals and the details of the offer. If the buyer's home is already under contract or in a hot neighborhood, it might be worth the wait. But if their sale is uncertain or newly listed, you'll want to carefully evaluate the risk.
Stephanie Dorr will help you assess the complete offer — including timelines, comparables for the buyer's home, and the strength of their financing — so you can make an informed decision.
How Stephanie Dorr Navigates Contingent Sales
Stephanie understands how to manage the timing and communication involved in contingent sales. She keeps tabs on the buyer's listing status, coordinates with other agents, and ensures that your timeline and goals remain her top priority. With her calm approach and local knowledge, you won't be left wondering what happens next.
Key Takeaways for Liberty Sellers
In Liberty, a "contingent" status means the buyer must sell their current home before closing on yours.
This is different from general real estate usage, where "contingent" may refer to financing or inspections.
These offers can work well with the right buyer and proper strategy.
Stephanie Dorr helps you review all options so you're protected and informed.
Selling in Liberty? Let's Talk Strategy
If you're selling a home and receive a contingent offer, don't go it alone. Stephanie Dorr will help you weigh your options, protect your timeline, and negotiate from a position of strength. Reach out today for expert, local support every step of the way.
Disclaimer: This content is for informational purposes only and does not constitute legal, financial, or tax advice. Please consult with licensed professionals for guidance specific to your situation.