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Updated over 11 years ago, 06/30/2013

User Stats

1,451
Posts
461
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Sam Leon
  • Investor
  • Fort Lauderdale, FL
461
Votes |
1,451
Posts

backup offers

Sam Leon
  • Investor
  • Fort Lauderdale, FL
Posted

Do anyone here have any experience on submitting backup offers to short sales?

What is the success rate?

I have a number of properties that I am interested that went into pending on day one, or before I can arrange a visit.

My agent suggest I submit back up offers site unseen just in case some of them fall through.

My thought is most of those will not fall through very likely those are buyers with inside track and a backup offer is a waste of time.

Thoughts?

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