324: Navigating Contingent Contracts in Real Estate

Contingencies are back — and they’re anything but simple. In today’s market, contingent offers are popping up left and right, and we’ve got stories. From getting stuck in a 60-day stalemate to crafting creative clauses that save the deal, we’re sharing what it really looks like to handle contingent offers like a pro. This episode is not your typical contract rundown (although if that’s what you want, check out Episode 218). Instead, we’re digging into real-life examples of contingencies gone sideways and how those experiences have changed the way we approach them forever. Whether you’re the listing agent fielding a “my house isn’t even on the market yet” offer, or the buyer’s agent trying to keep your clients from panicking mid-deal — this one’s for you. Here’s what we cover in this episode: The #1 mistake agents make with contingent buyers Why contingent offers feel riskier in today’s buyer-driven market How to protect your seller and keep the deal alive Contingency timelines that actually work Why listing status changes matter more than you think The verbiage Katy and Alissa now add to every contingency deal What to do when your buyer panics mid-transaction How to coach buyers and sellers through backup plans (Plan A, B, and C!) Key Quotes & Takeaways “You’re on a train headed nowhere — that’s what it feels like when a contingency stalls.” — Alissa “Buyers see contingent status and think it’s pending. Agents do too. That’s the real problem.” — Katy “Don’t get stuck in a 60-day trap. Put timelines and expectations in writing from the beginning.” — Alissa “If your buyer can’t sleep, you’ve got a problem. Help them make an educated decision, not an emotional one.” — Katy Products, People & Previous Episodes Mentioned: Episode 218: Real Estate Contingencies Explained Episode 65: Buying and Selling at the Same Time Email Templates 101: https://emailtemplates101.com Agent Systems 101: https://agentsystems101.com Want to toast someone on the show? Send us a voice or video message with your name, who you’re toasting, and why! Email it to team@hustlehumblypodcast.com.     Rate & Review the Show: Love what you hear? Leave us a review at https://ratethispodcast.com/hustlehumbly Get your FREE Database Template  Build Your Own Business 101: hustlehumblypodcast.com/byob All Resources: hustlehumblypodcast.com Submit your topic ideas and toasts to team@hustlehumblypodcast.com   Music: Straight A’s by Conner Price The Good Life by Summer Kennedy