Should I waive contingencies to win a bidding war?

Waiving a contingency removes a buyer's built-in ability to walk away or renegotiate if a problem shows up during financing, appraisal or inspection, which carries real risk regardless of how competitive the bidding gets. A partial approach, like shortening a contingency period instead of removing it entirely, can make an offer more competitive while keeping some protection. Joel Boss weighs those options with buyers rather than defaulting straight to a full waiver.