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Understanding The Contract

April 28, 2026

When you are selling a home, the most important part of the transaction occurs after you have found a buyer. If your property is being marketed professionally, the real estate agent will put together the purchase offer and present it to you.

Each local Board of Realtors has standard contract forms which reflect the legal requirements of the jurisdiction in which you live. These contracts include the sales price, financing contingencies, completion deadlines, and other items that are required in order to meet local government requirements.

You may find that trying to sell your own home in order to save the brokerage fee is false economy. Real estate sales are complicated, and a slight variation in language can sometimes cost you a sale and/or a lot of money. Many of our listings came from sellers who thought their homes were sold, only to lose the buyers at the last minute - on a technicality!

For more information, contact Bill Cullin today!

__________________

Bill Cullin
Your Real Estate Source at the Delaware Beaches

Call or Text: (302) 841-7147
Toll Free: (800) GO-BEACH, Ext 27117
Email: Bill.Cullin@LNF.com

Websites:
DelawareBeachRE.com
TheHenlopen.com

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ACCREDITATIONS & AWARDS:

  • *2026-19th Consecutive Year: Top Producing Agent at Long & Foster’s Rehoboth Beach Office
  • *2026-6th Consecutive Year: Overall Top Producing Individual Agent in Delaware at Long & Foster
  • *2026-5th Consecutive year: Member of the Long & Foster’s Gold Team Master Club Level, with sales volume over $20 million
  • *2026-2nd Consecutive Year: Named 40th in Long & Foster’s Top 100 Agents in the company
  • *2023-National Assn. of Realtors Resort and Second Home Property Specialist Designation Earned
  • *2026-13th Consecutive Year: Five Star Professional Award-Winning Sales Agent
  • *2026- Named to the RealTrends Verified list of America’s Top Agents
  • *2026-15th Consecutive Year: “Zillow.com 5 Star Professional”, with “Best of Zillow” designation awarded in 2025
  • *Top Selling Realtor at The Henlopen Condominium, with 48 Transactions, Exceeding Sales of any other Agent or Team in the State of Delaware

Long & Foster Real Estate, Inc.
37156 Rehoboth Avenue Ext, Suite 5
Rehoboth Beach, Delaware 19971
Office: 302-227-2541