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Is Contingent to Sell a good Choice?

My husband and I are quickly growing out of our starter home. We have 2 young kids and we are trying to move. The market is insane. Some houses gone within a day or two. There are not many houses that fit our wants (3+ bedrooms, a yard, and 1.5 or + bathrooms). All of which I don’t think are unreasonable at a price point of $350,000 or less in rural PA.

Anyway, we haven’t sold our house. We are afraid it will go quickly and we will be homeless. We also can’t get anyone to accept offers at asking or above due to a contingency. Our relator friend mentioned contingent to sell. Our actual realtor told us absolutely no way because the seller might be out a few hundred dollars if we back out.

Everything I read online seems to go both ways. It’s okay or it’s a horrible idea. We chose to list our house this Friday. Is this something we should reconsider? Will it have a massive effect on the sale of our home?

submitted by /u/estau329
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source https://www.reddit.com/r/RealEstate/comments/jlxki5/is_contingent_to_sell_a_good_choice/
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