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Do I have to accept a full-price offer for my home?

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05/20/2014 | Author: TAR Legal Staff

I put my house on the market a few weeks ago, and my agent received a full-price offer. My situation has changed since I first listed my home and I’m not sure that I want to sell. Do I have to accept a full-price offer?

No, a seller is not bound to accept any offer, even at full price. However, you could be in breach of your listing agreement by refusing to accept a full-price offer. You may want to talk with your agent about the terms of your listing agreement and find out whether you might owe a fee to the broker for refusing to accept a full-price offer.

Have a question about buying, selling, or leasing property in Texas? Ask us. Not all submitted questions can be answered.

Categories: Sellers
Tags: selling, listing agreements, consumers

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Legal disclaimer

The material provided here is for informational purposes only and is not intended and should not be considered as legal advice for your particular matter. You should contact your attorney to obtain advice with respect to any particular issue or problem. Applicability of the legal principles discussed in this material may differ substantially in individual situations.

While the Texas Association of REALTORS® has used reasonable efforts in collecting and preparing materials included here, due to the rapidly changing nature of the real estate marketplace and the law, and our reliance on information provided by outside sources, the Texas Association of REALTORS® makes no representation, warranty, or guarantee of the accuracy or reliability of any information provided here or elsewhere on Any legal or other information found here, on, or at other sites to which we link, should be verified before it is relied upon.

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