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Will a House With an Offer On It Be Removed From the MLS? Agents Explain How It Works

HomeLight

Every industry has its own lexicon, and real estate is no exception. If the first offer isn’t accepted — maybe the price is too low, or there are too many contingencies on the sale — the seller will surely want the opportunity for another offer to come in on their home. How do I know where a home is in the sales process?

MLS 106
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What to Do Before Offering on a Home

RIS Media

You may see some of these things or all of them before making an offer. It will help tailor your offer when the time comes. It may make sense to put in a backup offer when you’re not the winning bidder. Now that you are able to make an offer on the house, make sure you perform some due diligence.