Legal FAQs for REALTORS®
— Contracts and Forms
My seller’s property was listed in the MLS for $150,000. A buyer made a full-price offer, but my client decided not to sell. Now the buyer’s broker says my client has to accept the full-price offer. Is she correct? (updated December 28, 2015)
No. A seller is not bound to accept any offer, even at full price. However, your seller could be in breach of your listing agreement by refusing to accept the full-price offer.
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