Blog > What Does Contingent Mean in Real Estate?

What Does Contingent Mean in Real Estate?

by Gordon Hageman

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When a property is listed as “contingent,” it means the seller has accepted an offer, but certain conditions must be met before closing — usually financing, appraisal, or inspection contingencies. In my experience, these are safeguards for buyers, allowing them to withdraw or renegotiate if issues arise. Contingent deals can still fall through, so motivated buyers sometimes submit backup offers. Understanding these nuances helps clients strategize in competitive markets.

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Gordon Hageman

Gordon Hageman

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