HomeAdviceSellingAfter I accepted an offer, can I accept a different offer?
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After I accepted an offer, can I accept a different offer?

I accepted the first offer I got for my home and only had one showing. There's a lot of interest in my home, and I'm wondering if I should continue to have showings. If I do get another, better offer, can I back out and take the better offer?

Asked by Ryann | Palm Beach, FL| 03-10-2023| 1,588 views|Selling|Updated 3 years ago

Answers (4)

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Chris Yochum

Dickson Realty · Reno, NV

(24 reviews)
Hi Ryann, you will want to refer back to the offer and read it thoroughly, talk with your agent representing you and even a real estate attorney to advise for your specific situation. Depending on your state and the contract you accepted, generally you can accept back up offers that would go in back up position. This means that if the the buyer defaults or backs out for any reason you are able to move the back up offer into first position and proceed with it. Generally in my area, it is not recommended that the seller back out for a better opportunity or they can be liable for actual damages to the buyer.
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03-12-2023 (3 years ago)··
Kevin Neely

Keller Williams Realty Elite Partners · Spring Hill, FL

(75 reviews)
Once you have accepted an offer and both parties have a signed contract in Florida, you are legally bound to that contract and cannot simply accept a different offer and proceed with a new buyer. Doing so exposes you to a lawsuit for breach of contract, specific performance claims, or damages. In Weeki Wachee and throughout Hernando County, Florida, the standard FAR/BAR AS IS contract becomes binding when both buyer and seller have signed and those signatures have been communicated. At that point, the deal is under contract. What you can do is continue accepting backup offers, which are separate agreements that become binding only if the first contract falls through during the inspection or financing contingency periods. If the primary buyer cancels within their contractual rights, the backup offer activates and the transaction proceeds. Your agent should structure any backup offer with clear contingency language so the priority order is unambiguous. Kevin Neely & Kaitlynd Robbins | K2 Sells, Keller Williams Elite Partners
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04-15-2026 (2 days ago)··
Michael HudsonRising Star11 Answers
Michael Hudson

eXp Realty · Lake Mary, FL

Depending on your state and that states Real Estate commission rules. I would check the state guidelines or consult an attorney for the best answer,
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03-15-2023 (3 years ago)··
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Elyse Berman PANovice2 Answers
Elyse Berman PA

LoKation · Boca Raton, FL

(38 reviews)
If you have a fully signed contract, you cannot back out of it. You may be able to take a backup offer in case the buyer cancels (if they have an as-is contract.)
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10-16-2023 (2 years ago)··

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