Skip to content

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
btn_google_dark_normal_ios Created with Sketch.
Continue with Google
Continue with Apple
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Followed Discussions Followed Categories Followed People Followed Locations
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
Market Trends & Data
Buying & Selling Real Estate
Out of State Investing
Real Estate News & Current Events
Real Estate Technology
Investor Mindset
General Info
General Real Estate Investing
BiggerPockets Exclusive PRO Area
PRO
BPCON
New Member Introductions
Questions About BiggerPockets & Official Site Announcements
Off Topic
Starting Out
Real Estate Success Stories
Real Estate Horror Stories
Real Estate Strategies
House Hacking
Commercial Real Estate Investing
BRRRR - Buy, Rehab, Rent, Refinance, Repeat
Innovative Strategies
Mobile Home Park Investing
Multi-Family and Apartment Investing
Land & New Construction
Wholesaling
Rehabbing & House Flipping
Short-Term & Vacation Rental Discussions presented by
Tax Liens & Mortgage Notes
Medium-Term Rentals
Buying & Selling Small Businesses
Outdoor Hospitality
Landlording & Rental Properties
General Landlording & Rental Properties
Managing Your Property
Marketing Your Property
Tenant Screening
First-Time Home Buyer
Real Estate Professionals
Mortgage Brokers & Lenders
Contractors
Real Estate Agent
Financial, Tax, & Legal
Creative Real Estate Financing presented by
Personal Finance
Private Lending & Conventional Mortgage Advice
Insurance
Tax, SDIRAs & Cost Segregation presented by
Foreclosures
1031 Exchanges presented by
Goals, Business Plans & Entities
Legal & Legislation
Real Estate Classifieds
Classifieds
Real Estate Events & Meetups
Reviews & Feedback
Ask About A Real Estate Company
Real Estate Deal Analysis & Advice
Guru, Book, & Course Reviews
Syndications & Passive Real Estate Investing

Updated about 7 years ago on . Most recent reply

Matt Lorenzo's profile image
Matt Lorenzo's profile image
Matt Lorenzo
  • Rental Property Investor
  • from San Jose, CA
  • Member since Oct 12, 2018

User Stats

17
Posts
4
Votes
Matt Lorenzo's profile image
Matt Lorenzo's profile image
Matt Lorenzo
  • Rental Property Investor
  • from San Jose, CA
  • Member since Oct 12, 2018
Matt Lorenzo
  • Rental Property Investor
  • San Jose, CA
4
Votes |
17
Posts
Buying & Selling Real Estate

Is this legal or illegal?

Matt Lorenzo
  • Rental Property Investor
  • San Jose, CA
Posted

I put an offer in on a property and the seller accepted it. An hour later the selling agent contacted my agent and stated that another offer came in after my bid was accepted, only the new offer didn’t require an inspection as mine included. The selling agent said he was now going with the other offer because it didn’t require an inspection.

Is it legal to accept an offer and then receive a different one and go with the later after the original deal was verbally accepted?

0 Votes
Follow
3 Replies
Jump to Last Reply
Log In or Sign Up to Reply
Sort By:

Loading replies...