Buyer’s Offer Was Unexpectedly Rejected

Businessman shaking hands partner lawyers or attorneys discussing a contract agreement.

Buyer’s Offer Was Unexpectedly Rejected

If an associate or broker representing a seller says over the phone that a seller accepts an offer, but the seller changes their mind before signing, is there a contract?

An advantage of being a Realtor, and hiring a Realtor is our access to a staff of Attorney’s that ensure we are kept abreast of changes in any laws or just helping us better understand the current laws.

Early in my career, I found myself looking for a home. When I found a home, I began negotiating with the Sellers Realtor and I soon found myself out-matched by seasoned “pro” that was “playing” me.

With each counter-offer her clients presented, she simply replied with some hand writing on a blank page. Why?

Doing this prevented me from executing a Contract; because I never had a document with the Sellers signature on it. 

Joel Maxson with Florida Realtors explains the verbal statements made by a Realtor are not enforceable. In other words, make sure anything you want, contractual terms or personal property, etc…, is all in writing; between you and the other party. 

In the State of Florida, an Attorney is not required in the Sale and Purchase of Residential Real Estate. However, it is important to know when an Attorney is needed. If you don't already have a strong Real Estate Attorney, make sure the Realtor you hire has one in their contact list, and understands when an Attorney is needed.

Home Sell and Save, LLC offers affordable listing plans to help you sell and save. As the Owner/Broker of Home Sell and Save, LLC., I have 20+ years as a Realtor in South Florida. I did so as full-service Broker, but now with Home and Sell and Save, LLC, I offer my experience and knowledge gained over the past 20 years to offer Flat Fee and Virtual Services.

Business people handshake after talking about contract signing.

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