Austin Real Estate Blog - Austin Housing Market Blog

My Top 20 Most Influential People in Real Estate
Posted by Anthony Gilbert on Saturday, August 9, 2014 at 12:42 PM By Anthony Gilbert / August 9, 2014 Comment

Anthony GilbertIn real estate, it's all about the numbers... and I'm not just talking about home prices & ratios, but also agent ratings. I'm sure anyone reading this has lost count of all the awards, accolades, and "Top Agent Lists" that we see online or receive in the mail. While all of those accomplishments are admirable, what's often missing from industry awards are all the other countless agents who have had significant impacts on the industry & people's lives... beyond selling homes, that is.

Like everyone else, no matter their career, I often contemplate just "how I got here." What events in life brought me to where I am today; and, who has influenced me the most in this business? It's curious, that I've yet to meet a single...

What is an Inspection Contingency?
Posted by Danny Evatt on Thursday, August 7, 2014 at 12:54 PM By Danny Evatt / August 7, 2014 1 Comment

Definition: An Inspection Contingency is a clause in a home purchase & sale contract which provides the buyer an opportunity to conduct a home inspection, with the right to either terminate the contract or attempt to negotiate repairs and/or terms of the contract, based upon the results of an inspection report.

What is an Inspection Contingency


Contingencies for home inspections vary from state to state, and the methods of negotiating issues can also vary by "local custom" depending on the market area. For example, in Texas, inspections are handled during the "Option Period" - typically a 10-day period in which the buyer pays a nominal fee in exchange...