Texas Real Estate Contracts Explained: How Contingencies Decide Who Wins or Loses | DFW Market Tips

Описание: Welcome to another segment of Let’s Talk Real Estate with Mark Meras and Kyle Kreick, co-founders of Paragon Realty Advisors in Uptown Dallas.

In this episode, we’re pulling back the curtain on the Texas Real Estate Contract—the rulebook that governs nearly every home sale in the state. Everyone focuses on the offer price, but the true power (and risk) lives in the contingencies.

We’ll break down the three most important contingencies that make or break a deal in today’s Dallas-Fort Worth market:
1️⃣ Third-Party Financing Addendum — the financial safety net protecting both buyer and seller.
2️⃣ Appraisal Contingency — how to use appraisal waivers to compete without overpaying.
3️⃣ Sale of Other Property Addendum — why sellers should always protect themselves with a “Kick-Out Clause.”

Whether you’re a buyer trying to make your offer stand out or a seller protecting your deal from collapse, this video gives you the insider strategy you need to negotiate from a position of power.

💡 Key Takeaways:
Contingencies are more than fine print—they’re financial armor.
In DFW, fewer contingencies = stronger offers.
Certainty is the new currency in real estate.

⏱️ Jump to a Section:
0:00 – Introduction: The Hidden Power of Contingencies in Texas Real Estate - Mark and Kyle reveal why the offer price isn’t the full story in Dallas real estate — and how contingencies inside the TREC contract decide who really wins the deal.
1:35 – The Rulebook: Inside the Texas TREC One to Four Family Contract - Learn how the standard Texas real estate contract works, what “TREC” stands for, and why the addenda (extra pages) hold the real power in any home sale.
2:10 – What Is a Contingency and Why It Matters - Understand the purpose of contingencies — the conditions that protect buyers and define risk for sellers — and how they shape every residential deal in Texas.
2:36 – The Financing Contingency: Your Contract’s Safety Net - Kyle explains the Third Party Financing Addendum — the form that makes your offer dependent on loan approval — and how both buyer and property approval impact the deal.
2:57 – Buyer vs Property Approval: The Dual Hurdle Explained - Discover the two-step loan process every Dallas buyer must clear — and how sellers can shorten risk by tightening financing timelines.
4:03 – The Appraisal Contingency: Managing the Appraisal Gap - Mark breaks down what happens when the home doesn’t appraise at the offer price and how buyers can renegotiate, walk away, or cover the difference.
4:47 – The Appraisal Waiver Addendum: Compete on Certainty, Not Price - Learn how a partial appraisal waiver helps buyers strengthen offers and shows sellers confidence and financial capability — a major advantage in hot DFW markets.
5:29 – The Home Sale Contingency: The Domino Effect - Kyle dives into the Addendum for Sale of Other Property by Buyer — how it protects buyers from owning two homes and why it’s the riskiest clause for sellers.
5:56 – The Kick-Out Clause: A Seller’s Lifeline - See how the kick-out clause protects sellers from being stuck in limbo, allowing them to accept backup offers while holding buyers accountable for action.
6:52 – Strategy Session: How Buyers Can Win in a Competitive Market - Mark outlines three power moves: get underwritten early, plan for the appraisal gap, and minimize dependency on home sale contingencies.
7:31 – Seller Strategy: How to Evaluate the Right Offer - Learn how to prioritize terms over price, use counteroffers strategically, and leverage appraisal waivers and short contingency periods to reduce risk.
8:16 – Certainty Is the New Currency - Understand how contract terms now drive negotiation strength — and why controlling risk allocation is the true sign of a professional dealmaker.
8:34 – Paragon Realty Advisors: Turning Contracts into Strategy - Kyle explains how Paragon Realty Advisors helps DFW buyers and sellers navigate TREC contracts with precision, turning stress into strategy.
8:52 – How to Work with Us & Closing Message - Mark and Kyle invite viewers to visit www.ParagonDFW.com

📍 Ready to build a winning strategy for your next transaction?
Visit 👉 www.paragondfw.com to schedule your consultation today.

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