Option Period Tactics That Protect You
Option period is your safety valve.
Key areas to understand
In Texas, option fee is typically $100-500 for 7-14 days of unrestricted right to terminate.
Use this time for: detailed property inspection, contractor walkthrough, title search review, and initial buyer marketing.
Prioritize tasks by timeline — start marketing on Day 1, not Day 5.
Implementation details
Request extensions before the period expires, not after.
Know when to exercise the option and walk away vs when to push forward..
Your MAO calculator can help streamline this aspect of your business.
Your comp analysis can help streamline this aspect of your business.
Your repair estimation can help streamline this aspect of your business.