In this hot market, REALTORS® must keep their cool and remember that some of the oft-repeated, time-tested and best advice to protect themselves and consumers still applies.
Posts tagged with “Back-Up Offers”
Legally Speaking Hot Markets: Risks and Tips to Avoid Getting Burned #537 
Legally Speaking Back-Up Offers: There’s a Clause for That #519
Roughly twice a year my heart stops when a claim comes to my attention. Why? Because a licensee reports that the seller has sold the property twice…
Legally Speaking Limits Changes of First Offer #200
A vendor, who accepted a conditional offer to purchase and then accepts a backup offer, limits his right to renegotiate the terms of the first contract…
Legally Speaking Section 36 of the Real Estate Act; Backup Offer, appeal of (Col. 89) #127
This Section prevents a licensee from retaining a commission which is based upon the difference between the price at which real estate is listed for sale, and…
Legally Speaking Back-Up Offers #89
A vendor’s decision to take a back-up offer can be risky to the vendor’s financial health, as will be apparent from your review of the following facts…