The Good, Bad and Ugly of Multiple Offers, Backup Offers and Contract Clauses – Virtual
As a listing broker, it is great to receive multiple offers—until:
· Two competing buyers think that they have contracts to buy your property;
· Your seller accepts the wrong offer;
· Your seller has remorse and seeks to back out of a contract.
This class explains the good and bad of back-up contracts, escalation clauses, kick-out clauses and more.
3 CE Credits
Instructor: Attorney Jordan May