What is a Subject to Sale Offer in Real Estate BC

Описание: What does a subject to sale on an offer mean? You'll see subject to sale offers more frequently in cooler markets, and they can still be a beneficial way to sell your home... but it's important to know what they mean and the risks involved - as both a seller & buyer. In this video, Mariko goes over what a subject to sale is, example timelines, how to mitigate risk as a seller when these offers come in, expectations & considerations as a buyer and seller, and more!

If you're thinking of buying or selling real estate in BC, then this video will be helpful for you. At Bridgewell, we understand that a real estate timeline can be a bit confusing at times. Our team is here to help our clients every step of the way to make sure they have all the knowledge & tools they need in their real estate journey. If you're looking to buy or sell in the Greater Vancouver area, reach out to our team today!

TIMELINE • In this video, we discuss:
0:00 • Introduction
1:15 • What is a subject to sale?
2:25 • Subject to sale example timeline
2:45 • Initial subject removal timeline with subject to sales
3:20 • Second subject removal timeline with subject to sales
4:40 • When is a deposit due with a subject to sale?
5:40 • How to make a subject to sale work & mitigate risk from a seller's perspective
6:30 • Time ("shotgun") clauses with example
9:00 • What happens if the buyer doesn't sell their home?
11:05 • Considerations & expectations for sellers with subject to sales
12:25 • Considerations & expectations for buyers with subject to sales
13:45 • Considerations for both buyers & sellers with subject to sales
15:10 • Recap & Conclusion

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