General Housing Information

questions & answers

Question: If a seller provides a counteroffer on a property, does the seller have to approve the offer in writing or in a new contract?

Answer: Please contact a lawyer for more specific information in your case. Generally, the manner in which the realtors are communicating changes on the offer is a choice that could be changes to the original offer or rejection of the original offer and a new counteroffer contract. Take a look at the following links to get more general information. http://realtormag.realtor.org/law-and-ethics/ethics/article/2006/02/get-it-writing http://realtormag.realtor.org/sales-and-marketing/feature/article/2011/09/finding-peace-strategies-for-negotiating-in-todays-marke

QUESTIONS

  • If a seller provides a counteroffer on a property, does the seller have to approve the offer in writing or in a new contract?

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  • State Bar of Arizona
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    Referral number 602-257-4434
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    Referral number 520-623-4625
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