Timing depends more on:Inventory levelsBuyer demand in your price rangeInterest rate environmentPersonal goalsThere is no universal “perfect” market.Homes sell in strong, balanced, and
What Is a Novation Agreement?
Dated: February 14 2026
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A novation agreement is often used by investors.
It allows an investor to:
Market the property while under contract
Potentially improve or reposition it
Assign final buyer at closing
Novations can appear attractive but require careful review.
Understanding contract structure, control terms, and compensation is critical before agreeing.
Clarity protects equity.
Jared McDaniels
I am a dedicated and passionate, full time, real estate sales agent with a commitment to serving you with excellence. As a lifelong resident of East Texas, I bring a wealth of knowledge and valuable i....
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