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Can a homeowner reject a full-price offer?

Can a homeowner reject a full-price offer?

Home sellers are free to reject or counter even a contingency-free, full-price offer, and aren’t bound to any terms until they sign a written real estate purchase agreement.

Does a seller have to accept the highest offer?

Sellers can accept any offer they want to accept – they don’t have to accept the highest offer. A seller can take an offer just as it is, counter it, or even counter some offers but not others. For some sellers, price isn’t even the most important point.

How do you politely decline real estate offer?

The right way to reject an offer

  1. Promptly call, write or send a text message to the agent thanking him or her for the offer.
  2. Politely and graciously explain that the homesellers have accepted an offer that they like better.
  3. Do not explain the market.
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How do I refuse a price offer?

How to Politely Decline a Sales Offer

  1. Thank the Person.
  2. Deliver the News Directly.
  3. Explain Your Reasoning.
  4. Suggest Other Ways of Partnership (If Appropriate)
  5. Keep the Professional Tone of Voice.
  6. Don’t Explain Rejection with Price.
  7. End Your Email Appropriately.
  8. Rejection with a Willingness to Receive Other Service Offers.

Can you still offer on a house that is under offer?

Can You Make an Offer on a House That is Already Under Offer? When a house is under offer, another buyer can still make an offer. As the contracts have not yet been exchanged, the sale is not legally binding and so other prospective buyers are able to present the seller with new offers.

How do you professionally decline a request?

When in doubt these phrases will help you to decline any request in a polite way, so it’s good to keep these in your back pocket….Saying no without a specific reason

  1. I wish I could make it work.
  2. Unfortunately, it’s not a good time.
  3. I wish there were two of me, but I can’t.
  4. Maybe another time.
  5. Sorry, I can’t.
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Can a seller reject a full price offer on a house?

Home sellers are free to reject or counter even a contingency-free, full-price offers, and aren’t bound to any terms until they sign a written real estate purchase agreement. In order to be legally binding, a contract must contain enough detail for a court to be able to enforce it in the event of a dispute.

What happens if a full-price purchase offer is turned down?

A buyer presenting a full-price offer to a property seller isn’t guaranteed any sort of seller acceptance. But a buyer whose full-price purchase offer is turned down can ask the seller and her agent just why.

Can a seller reject an offer without contingencies?

Because an offer to buy at the list price with no contingencies addresses only two of the matters that buyers and sellers need to agree on, sellers are free to counter a “perfect” offer or even reject it for any non-discriminatory reason.

Can a seller turn down an offer on a house?

If the seller has any reason to doubt the funding of the potential buyer, they will usually turn down the offer. Receiving a Better Offer In competitive markets, sellers will often wait until they have several offers submitted before accepting one and rejecting the rest.