If I offer to buy at the full listed price, does the seller have to accept the offer?
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If I offer to buy at the full listed price, does the seller have to accept the offer?
Can I sue for damages if the seller does not accept the offer or sells to another buyer after my offer was made?
Asked on December 15, 2012 under Real Estate Law, California
Answers:
SJZ, Member, New York Bar / FreeAdvice Contributing Attorney
Answered 11 years ago | Contributor
No, no seller of real estate is required to accept any offer, whether at, or even above, full price. The seller is entitled to choose the offer he or she will accept, and may take, for example, less than full price offers if other terms are better (e.g. no contingencies; better closing date) or even if the seller simply likes the other buyer(s) better.
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