What is the “Seller Multiple Counter Offer”? by Richard P. Green
contract but rather the counter offers are resubmitted to the seller who has the ultimate decision to choose which counter offer to move forward with. This SMCO does not understand the basic contract principles in Florida. SMCO’s confuse the meaning of an offer, rejection, …
FAQs about What is the “Seller Multiple Counter Offer”? by Richard P. Green Coupon?
How do sellers deal with multiple offers?
Sellers have several ways to deal with multiple offers. Sellers can accept the “best” offer; they can inform all potential purchasers that other offers are “on the table”; they can “counter” one offer while putting the other offers to the side awaiting a decision on the counter-offer; or they can “counter” one offer and reject the others. ...
How does a Seller Multiple Counter Offer work?
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What is a seller multiple counteroffer?
A seller multiple counteroffer is when there are multiple offers for a property and the seller chooses to counter multiple offers on price, terms or both. In this case it is not binding once the buyer agrees or comes up on their offer based on the multiple counteroffer. ...
What is a counter offer vs multiple counteroffer?
Understanding A Counteroffer Vs. Multiple Counteroffer When a buyer submits an offer, the seller has the right to accept, reject or counter the offer. In this market of many buyers and very few homes most buyers would be thrilled to have their offer accepted or even countered. With a counter offer the seller can counter either price, terms or both. ...
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