Selling a House With No Contingencies

In a perfect world, selling a house with no contingencies would be the norm. Buyers would come in with rock-solid financing and make an offer knowing that the price of the home reflects its condition and fair market value, and sellers’ homes would be in excellent condition. Instead, contingencies — conditions that must be met before a deal can be finalized — play an important role in protecting both buyers and sellers.

A no-contingency or non-contingent offer means that a buyer’s offer has been accepted by the seller and there are no further contingencies to be met for the house to be sold. A contingent offer means that a buyer’s offer has been accepted by the seller but certain requirements must be met for the home to be sold. A seller can look at other offers but cannot accept or negotiate another buyer’s offer unless one of the contingencies is not met, canceling the deal.

Buyer contingencies might include “an engineer’s inspection, a chimney inspection, a furnace inspection, a mortgage contingency, and an attorney’s appraisal,” says top-selling real estate agent Mark Siwiec of Rochester, New York, who has 44 years of real estate experience.

Homeowners hoping to sell a home with no contingencies benefit from a seller’s market, in which demand is high relative to supply. For buyers, opting for a non-contingent offer signals a greater commitment and preparedness to move forward with the purchase. Essentially, it can make their offer stand out more in a competitive market or strengthen their bid for a sought-after property.

The National Association of Realtors (NAR) reports that in June 2024, “22% of buyers waived the inspection contingency” and “20% of buyers waived the appraisal contingency.” When buyers waive contingencies, it can benefit the seller in several ways:

It streamlines the sale process by reducing potential delays or complications, making the transaction smoother and quicker.
It demonstrates the buyer’s serious intent and financial stability, giving the seller greater confidence in a smooth sale.
It strengthens the buyer’s offer in a competitive market, increasing the likelihood of acceptance.

In the right market, or through a non-traditional sale, it’s possible to attract or negotiate a contingency-free offer. Here is a guide on some possible contingencies as well as on how to handle some scenarios to help you in selling a house with few to no contingencies.