Receiving & Responding to Offers

No. A cash offer can be attractive because it removes some of the uncertainty associated with mortgage financing, but it is not automatically the best offer for a home seller….

A backup offer is a purchase agreement that a seller accepts while another buyer is already under contract to purchase the home. Instead of replacing the first buyer, the backup…

Yes, in many situations a seller can continue showing a home after accepting an offer, particularly when the seller wants to maintain interest from potential backup buyers. For homeowners asking…

Usually, not as a replacement for the first buyer while a binding purchase agreement is still in effect. For California homeowners asking can I accept another offer after accepting one,…

Once an accepted offer becomes a binding purchase agreement, the home sale moves from marketing and offer negotiation into contract performance. For sellers asking what happens after I accept an…

In a typical California residential transaction using the C.A.R. Residential Purchase Agreement, contract formation generally depends on the parties agreeing to the same terms, completing the required signatures, and satisfying…

Generally, yes. California real estate practice includes a Seller Multiple Counteroffer process for situations in which a seller wants to continue negotiating with more than one buyer at the same…

Yes. A California home seller can generally reject a buyer’s offer without making a counteroffer. For homeowners asking can I reject an offer without making a counteroffer, receiving an offer…

No. A California home seller generally does not have to accept the highest-priced offer simply because it contains the largest number. For homeowners asking do I have to accept the…

No. A California home seller generally does not have to accept an offer simply because the buyer offers the full listing price. For homeowners asking do I have to accept…