Podcast: Play in new window | Download (Duration: 33:59 — 31.1MB) | Embed
Subscribe or Follow Apple Podcasts | Spotify | Amazon Music | Pandora | iHeartRadio | JioSaavn | Podchaser | Podcast Index | Deezer | RSS | More
“The goal isn’t to avoid home sale contingencies. The goal is to avoid allowing someone else’s bad home sale strategy to kill yours.”
So, the buyer missed a contract deadline.
Now they want you to sign an extension.
Do you have to?
One of the sellers who inspired this episode told us, “I really didn’t think I had a choice, so I signed the extension.” That’s exactly why we wanted to have this conversation.
Once your home is under contract, there may be deadlines for earnest money, financing, inspections, appraisals, title work, clear-to-close and closing itself.
In this episode of Talking Realty, Glen and Taysia break down what sellers should be watching after an offer is accepted, what different missed deadlines can tell you about your transaction, and when a buyer’s missed deadline may actually give you negotiating leverage.
You’ll learn:
- Why the earnest-money deadline can tell you a lot about how seriously the buyer and their team are treating the transaction
- What repeated silence or missed deadlines may reveal about financing problems
- Why sellers often worry about inspection timing when the missed deadline may actually work in their favor
- How to balance enforcing the contract with the real goal: getting to closing
- When to start asking questions about the clear-to-close before the deadline arrives
- How a missed deadline can create an opportunity to renegotiate rather than simply surrender more time
The goal isn’t to win an argument over the contract.
The goal is to get your house closed as close to the agreed date, with as many of the agreed dollars, as possible.
And that requires somebody to actually read the contract, track the dates, follow up with the lender, buyer’s agent, and title company, recognize when silence is becoming a warning sign, and know when a missed deadline changes your negotiating position.
Getting an offer is only the beginning… The difficult part often starts after the contract is signed.
Ohio Property Group has helped sell nearly 3,000 Ohio homes, and our team manages these deadlines, negotiations and transaction problems every day. We provide experienced professional guidance for a flat fee—so protecting your transaction doesn’t have to mean handing over a traditional percentage of your equity.
If you’re selling a home in Ohio and want experienced help from listing through closing, book a free pre-selling strategy call.
Don’t choose between expert help and keeping your equity.
Key Moments:
- 00:00 Missed Deadline Basics
- 02:50 Read Dates Right
- 04:39 Earnest Money Pressure
- 10:42 Loan App And Appraisal
- 14:57 Inspection Deadline Leverage
- 21:29 Other Contingencies Tracking
- 24:16 Clear To Close Crunch
- 26:39 Nonrefundable Deposit Play
- 32:35 Wrap Up And Next Steps
Key Resources:
Contact Information:
- Podcast Website: TalkingRealty.com
- Ohio Property Group: OhioMLSFlatFee.com
- Email: Glen@OhioMLSFlatFee.com
- Book Your Free Pre-Selling Strategy Call
- Associates Title Website
- Ryan Phillips / Associates Title: 614 419 2418
- Download the Ultimate Home Selling Toolkit
- Glen’s Blog
- Book: “You Can Sell It” by Glen Whitten
- Course: “Living To Listing” Complete Listing Prep
@OhioMLSFlatFee
@ohmlsflatfee
Ohio MLS Flat Fee
OhioMLSFlatFee
@ohiomlsflatfee