Backup offer and Seller concession - Residential Realty Today

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Backup offer

Seller concession

Home prices expected to dip as supply and demand collide

Housing Wire

MAY 22, 2025

Lower list prices : As homes sit on the market, sellers are more likely to cut prices or list below comparable properties to attract offers. These are often ripe for negotiation, including price reductions or seller concessions like rate buydowns or repair credits.

Purchase and sale agreement

Purchase and sale agreement Backup offer Seller concession Sales

What Happens After Making an Offer on a House?

Windemere Buying

JUNE 22, 2022

It means the seller has accepted an offer and there’s a good chance the deal will go through, but because the sale is not yet final, the property is technically not off the table. Other interested buyers will make backup offers in case the first offer falls through.

Purchase and sale agreement

Purchase and sale agreement Inspection contingency Backup offer Seller concession

Home prices expected to dip as supply and demand collide

What Happens After Making an Offer on a House?

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