What does contingent mean on Zillow?
If you see the word “contingent” on your listing, it means that your buyer is working through any contingencies that were a part of their offer — like a financing contingency, home inspection contingency, or buyer home sale contingency.
What is contingent example?
1. The definition of contingent is something that depends on something else happening, or something that is possible or by chance. An example of contingent is the sale of one home going through after the buyer’s house is sold; a contingent sale. adjective.
Who is more accurate Zillow or Redfin?
Zillow’s median error rates are less than 1% more accurate than Redfin’s, so in practice, the two estimates are practically equal. However, Zillow does not publicly update their accuracy or error margins as frequently as Redfin. Zillow last updated its accuracy numbers on May 27, 2021.
Is it safe to give Zillow my SSN?
You can use our tools to pull your credit report and criminal background check to include in your application, but Zillow doesn’t store your Social Security number and we don’t collect or see the credit or background check reports.
How do I hide my house on Zillow?
For FSBO sellers with homes displayed on Zillow and Trulia, it’s easy to remove your listing:
- Log in to your Zillow profile.
- Go to your listing and select Owner view.
- Click More and navigate to Cancel listing.
- Mark No longer for sale.
- Click Update status.
Can I put an offer on a house that is contingent?
Owners whose home is in contingent status can accept a backup offer, and that offer will have precedence if the initial deal does not go through, so if you like a contingent property, it makes sense for you to make an offer on the listing so that you are in position to buy if something goes wrong with that transaction.
What does contingent mean in business?
Something is contingent when it occurs or exists only if certain circumstances are the case. This means that something is dependent on or conditional to another event.
Does Redfin really only charge 1%?
Is Redfin really 1% commission? Redfin also heavily advertises a 1% commission — but their standard listing fee is actually 1.5%. To qualify for the lower 1% rate, you’ll also need to buy a home through Redfin within 12 months of your home sale.
What credit score does Zillow use?
Zillow’s application and screening tool provides you with an Experian credit report and Checkr background check at no cost to you. The applicant will pay a $29 fee, and they can use the reports for any Zillow rental application they complete within the next 30 days.
Why does Zillow need my Social Security number?
In order for you to access the detailed screening reports for applicants that have applied to your rental listing, we require that you verify your identity. This helps us protect the privacy of renters’ sensitive information and comply with the Fair Credit Reporting Act. ID verification won’t affect your credit score.