The goal of any real estate deal is for all parties to come away happy – whether it’s the home seller pleased with the profit, the buyer excited to start life in a new home or the real estate agents satisfied with the clients’ success and commission.
But what if, before that deal closes, it doesn’t feel right anymore? How do you, as the buyer or seller, back out of a transaction without angering all other parties?
Whether the deal doesn’t seem quite as good as before or you just have cold feet, there are opportunities to back out. With the right contract contingencies and clear communication with your agent, it’s possible to emerge relatively unscathed – as long as you don’t wait too long.
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