Re: Withdrawing Counteroffer Before Time Expiration?

Re: Withdrawing Counteroffer Before Time Expiration?

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 Re: Withdrawing Counteroffer Before Time Expiration? Andrew Duane Reply Send to a Friend   Print
 
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Withdrawing Counteroffer Before Time Expiration? AvoidingSpam 08-21-2006

AvoidingSpam wrote:
> I submitted a counteroffer to an offer on my house. The
> counteroffer states: "This counteroffer will expire if not
> accepted by the buyer by noon on Monday, August 21."
>
> Assuming I've not heard from the potential buyers, can I
> legally withdraw my counteroffer before noon on Monday?
>
> At this point I'm concerned my agent isn't working
> entirely in my interests and is simply trying to rush a sale
> along. She had a call on Friday from another agent wanting
> to see the house. She did not tell me about this until after
> I signed the counteroffer on Saturday. Granted, she didn't
> have to tell me, but the timing was odd, like she was trying
> to cover herself yet still move this sale along.

Yes, she did have to tell you. An agent is required to bring to you all
all credible offers. Although there's a gray area about what is
"credible", this is a serious thing. In some states, you can lose your
license for it.



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