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Can a Home Seller Under Contract Still Accept a Higher Offer?

Realtor.com

You could, for example, insert terms in the purchase agreement that allow you, as the seller, to continue to accept offers and for the buyer to be allowed the option to match or exceed any higher offers. Buyers can also take backup offers (more on these options later). Can home sellers accept backup offers?

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Bidding Wars

The Residential Specialist

So, when you’re communicating in a multiple-offer situation, do it with respect, do it with professionalism and be the agent that someone wants to work with.”. Backup Offers. When working with buyers, particularly when you know you may be heading into a multiple-offer situation, it’s important to discuss backup offers with them.

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What Buyers Can Do in an Extreme Sellers’ Market

Realty Biz

Then the residential market rebounded quickly. You can work closely with your real estate agent to structure an offer that will gain the attention of the seller based on contingencies, concessions, and anticipated closing date. Even if you are outbid, make your best offer a backup offer. Be patient. Don’t settle.

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Award-Winning Midcentury Modern Restoration in Rancho Mirage, CA, Is Listed for $1.3M

Realtor.com

But if you truly dig the vibe, there may be a slim chance—the sellers are accepting backup offers. The home also received a residential restoration preservation award in 2014 from the Palm Springs Modern Committee. Such is the case with this snazzy ranch house built in 1958 and listed on Christmas Eve at $1,299,000. Dining room.

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Going Above and Beyond to Make a Difference in the Lives of Clients

RIS Media

” RomeoDiSantillo is all about raising the standards of the residential real estate industry and the expectations and experiences consumers should receive—and “they most definitely deserve.” ” With the Chowdhry family, the relationship began with a phone call at 9 p.m., despite two children needing to get to bed.

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What Buyers Need to Know About Making an Offer on Active Contingent Listings

HomeLight

In other words, the primary deal on an active contingent listing might (maybe) fall through, causing sellers to place their home back on the market — or accept a backup offer. “I If you’re buying a residential property and you plan to continue using it as a place to live, there should be no issues. Common types of contingencies.

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5 Ways to Get a Real Estate Price Estimate for Your House

HomeLight

Rachel Massey , a certified residential appraiser in Ann Arbor, Michigan, agrees that online valuators can be reasonably reliable or wildly inaccurate, depending on the type of housing and the location. You want to have a “backup offer” in case the regular listing process doesn’t work out. Check the FHFA HPI calculator.