Tuesday, January 27, 2009

Congratulations to these Exceptional Brokers for Exceptional Sales in 2008

Rutledge Properties recently announced its annual awards to agents having achieved an exceptional level of sales for the year 2008. Receiving awards this year are these Wellesley, MA-based agents:

Monday, January 19, 2009

Supporting Our Community Since 1978

We are fortunate to be able to support these fine organizations:

Wellesley United Soccer League
Wellesley Symphony Orchestra Family Concert
Wellesley Raiders Hockey
Wellesley Little League
Wellesley League of Women Voters
Wellesley Historical Society
Wellesley Hills Jr. Women’s Club
• Lumanaria Night
• Kitchen Tour
• Wellesley Phone Book
Wellesley High Junior Class
Wellesley Friendly Circle
Wellesley Free Library
Wellesley Football Gridiron Club
Wellesley Food Pantry
Wellesley Education Foundation
• Spelling Bee
• Auction
Wellesley Community Center
Wellesley Chamber of Commerce
• Holiday Stroll
• Holly Trolley
• July Jubilation
Wellesley A Better Chance
World of Wellesley
Schofield School 5K Road Race
Friends of Wellesley Hockey League
Bates School Pumpkin Fair
US Marine Corps. Toys for Tots Campaign
The Second Step
Salvation Army
Rosie’s Place
Pine Street Inn
Pan Mass Challenge
Mass General Hospital Kidney Research
Juvenile Diabetes
Habitat for Humanity
Elizabeth Stone House
American Cancer Society

Friday, January 16, 2009

Contingency Sale – Pros and Cons

As a home seller, you 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.

You can reserve the right to require the buyers to meet any contingencies within a short period of time, (24-72 hours), if you get a second offer. This is sometimes referred to as a contingent sale with release clause.

Other prospective buyers are more likely to make a backup offer under these circumstances. If the current buyer is unable to remove the contingencies within the specified time, you are free to be released from the first sales contract and accept another offer.

Contingent sales can be successful if you and your real estate agent address the potential risks and hold the buyers to their contractual obligations. Each situation is different, however, so go over the terms with your real estate agent before accepting a contingent offer.