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WELCOME! You've found the site for one of the top producing agents in the country. In 2004 Jeff Galloway sold over $251 million.
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Jeff Galloway is clearly the most visionary real e
In less than 36 months, Mr. Norrie has been represented by Jeff Galloway on transactions totalling $25 million at St. George Island, Florida.
David Norrie 1st VP, C.B. Richard Ellis, Inc.
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Would you like to know how to make money buying and selling real estate in Florida?
Real Estate Contracts >Contingency Sale
Sellers may be reluctant to accept an offer that is contingent on the sale of another property. However, such a sale can be structured to minimize the risks.
The seller should put a limit on the amount of time that the buyers have to accept an offer, and they should keep their home on the market during that time. They should also reserve the right to require that any contingencies be met within a short period of time, ideally 24 to 48 hours, if they get a second offer. This is called a "First Right" contingency.
Contingent sales can work well for the sellers. The buyer is not in a position to ask for concessions on price or terms and may be able to get interim financing. Each situation is different, however, so go over the terms with your real estate agent before accepting a contingent offer.
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| Q |
What is the longest construction time for a private residence?
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| A |
The Winchester House in San Jose, CA, was under construction for over 38 years. |
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