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Can seller back out in 3 days after accepted an offer?

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Can seller back out in 3 days after accepted an offer?

My daughter did a counter offer this morning less than listing price. And she decided not to sell now bc she has a baby so can she back out even there’s no contract yet ? Is it seller back out within @3 days after accepted an offer?

Asked By Grace Ou | Las Vegas, NV | 110 views | Selling | 2 months ago

Answer(2)

Pro

Julianne Clark | Your Lowcountry Compass

Charter One Realty

(47)

There can be ways. Have your daughter contact her agent and discuss what is practical and allowable in your state. It may mean that she will have to compensate the Buyer and her Agent in some way for the change of mind.

2 months ago
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Novice

Desiree Burgnon

Coldwell Banker Home Source

(53)

Usually not, once the counter offer is accepted by the buyer and you have an executed contract, the seller is locked in. The buyers may be willing to release the sellers of her obligation, but it can be a difficult process. As the other agent recommended contact her agent.

2 months ago
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