Can a seller accept another offer while under contract? Once a seller has accepted an offer and entered into a contract with a buyer, they cannot simply accept another offer from a different buyer. There are a few exceptions or conditions where a seller might be able to accept another offer:
๐ธ Contingencies: If specified contract conditions arenโt met, the deal may be voided, allowing the seller to accept another offer.
๐ธ Backup Offers: Sellers can accept backup offers that take effect if the primary deal fails.
๐ธ Right of First Refusal (ROFR): In certain cases, a pre-designated party gets the chance to buy before other offers can be accepted.
CINDY SELLIAN
Cindy Sellian LLC
LIFESTYLE International Realty
๐ฉ cindysellian@gmail.com
๐ www.cindysellianrealty.com
#RealEstateAgent #ExpertRealtor #DreamHome #SellingHomes #unlockingyourrealestatedreams #CindySellianRealty
