One of the real estate agents greatest challenges is handling multiple offers correctly. Texas real estate law says that the listing agent must present all offers. The seller gets to decide what to do. They may counter or accept the last offer and reject the others.
Professional courtesy dictates that the listing agent keep the other agents informed.
Both agents may talk with their client about the possibility of writing and negotiating a Back Up Contract. Win-Win for everybody!
More about Back Up Offers in the next edition
Peggy Santmyer
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