Special offer

Back Up Offers In Real Estate Do Become Primary Offers Like this Valparaiso, IN Home JUST SOLD

By
Real Estate Broker/Owner with F.C.Tucker 1st Team Real Estate

Valparaiso Real Estate Sold By F.C.Tucker 1st Team serving NW Indiana

We've written about Back Up Offers in Real Estate several times before.

 

We encourage our Northwest Indiana Home Sellers to continue showing their property for back-up offers, even after an offer to purchase has been accepted.

 

Sale Pending Does Not Mean SOLD.

 

There is a status on our local GNIAR Multiple Listing Service that reads:

PS = There is an accepted Purchase Agreement, yet the sellers wish the property to stay on the market.

back up offer became primary offer and closed

When this Valparaiso, Indiana Home For Sale listed by

F.C.Tucker 1st Team Real Estate received an offer in just 1 month on the

market, our repeat client already knew from selling previous properties using our professional services that they would continue to show the home by appointment for back up offers only.

 

The real work in closing a transaction begins after the offer is accepted.

 

There was no interruption in plans for our home seller since the back-up offer became the primary offer immediately after fully executed mutual release from the 1st offer.

 

Duty to our clients includes reasonable care and dilegence.

 

Not all back up offers become primary offers, however they can.

 

Continuing to show the property after an offer is accepted is a practice option that we explain to all of our clients - it's like having a plan B in case the 1st offer does not close escrow.

 

If you are thinking about selling your Northwest Indiana Home, give us a call @ 219-405-1232, we would appreciate the opportunity to talk with you!

 

You can click here to read a few of our past client endorsements.

 

Related Blog Post: Back Up Offers with Short Sales Third Time's The Charm.

 

 

About The F.C. Tucker Company

Talk To Tucker for all your real estate needsWe are the largest independent real estate firm in Indiana.

With over 1,500 agents statewide and over $3.2 billion in sales, The F.C. Tucker Company is the largest independent real estate firm in Indiana and is ranked among the largest independent real estate firms in the nation.



Comments(2)

Jordon Wheeler
The Jordon Wheeler Group - Fairburn, GA
J W Group Real Estate Sales and Service

Hi there,

I tend to shy away from back up offers here in the metro Atlanta markets.  Many listing agents here do not accept them.  Good information and success for you all in your market.

Best of GREAT success to you and the team in 2014!

Jun 11, 2014 07:03 AM
Jeff&Grace Safrin
F.C.Tucker 1st Team Real Estate - Valparaiso, IN
SpousesSellingHousesTM

Thanks Interesting & shows that Real Estate Is a Local Busness Jordan. For us , in NW Indiana in the past 15 years over a dozen buyers and sellers were glad about back up offersthat worked out well for them:) Appreciate you taking time to stop by and comment.

Jun 12, 2014 01:53 AM