Susan Emo, Kingston and the 1000 Islands Area (Sotheby's International Realty Canada - Brokerage)

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John McCormack, CRS
Albuquerque Homes Realty - Albuquerque, NM
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It's always the buyers choice but I shy away from them.

Jun 01, 2015 12:20 AM
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Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Only if they are very "wedded" to a particular home and if the listing agent tells me there just may be a bit of a concern with the current contract. Normally, my buyers just want to move forward and find another home.

May 31, 2015 09:32 PM
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Troy Erickson AZ Realtor (602) 295-6807
HomeSmart - Chandler, AZ
Your Chandler, Ahwatukee, and East Valley Realtor

Susan - I would say if the buyer is really in love with the home, I would go ahead and work with my client to write up a back-up offer. I have seen it happen more than once in my area, so it is possible.

At the same time, I would continue sending and showing them other homes, and if they find another they like, then we would rescind the back-up offer.

May 31, 2015 04:43 PM
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Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Too often this is the home the buyers fall in love with, and it closes with the first buyers.   I recommend not seeing them, unless listing agent says the contract is shaky.

May 31, 2015 10:25 AM
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Cindy Davis
SD Home Source Realty - San Diego, CA

It depends on whether the seller is taking back-up offers and whether the deal they have is strong.

May 31, 2015 09:40 AM
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Richard Weeks
Dallas, TX
REALTOR®, Broker

If it is a good back up for sure.  Get that warm and cozy incase the first contract bust out.

May 31, 2015 10:10 PM
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Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker in DC, MD, VA and attorney in DC

sometimes It works - I tend to be the listing agent now rather than the buyer agent - and I encourage back up offers

May 31, 2015 09:21 PM
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Eve Alexander
Buyers Broker of Florida - Tampa, FL
Exclusively Representing ONLY Tampa Home Buyers

Depends on why they want or need a back up.  Also the strength of the first offer...but generally no, we move on.

Eve

May 31, 2015 08:06 PM
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Bob Force (REALTOR®)
Weichert Realtors - Aspen Hill - Mount Airy, MD
The FORCE in Maryland Real Estate

If they truly loved the house, met all of their requirements as I understand them; YES. 

We continue to look and I have in hand short of a date an addendum to rescind the offer.

May 31, 2015 01:47 PM
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Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Susan Emo it varies. I check with the listing agent and see if there is any chance of my buyers getting a 'second chance'!

May 31, 2015 01:42 PM
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Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

I explain that it can work but it keeps them tied up on that house until they withdraw it. Most buyers want a sure thing and move on.

May 31, 2015 01:07 PM
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Larry Johnston
Broker, Friends & Neighbors Real Estate and Elkhart County Subdivisions, LLC - Elkhart, IN
Broker,Friends & Neighbors Real Estate, Elkhart,IN

Don't play games.  For Multiple Offers, I tell them to Just give your highest and best.  If you don't get it, then you won't be kicking yourself for not going higher.As far as back-up offers, it is good for the Seller, but it could be a problem for the buyers.  If it's a house they have just gotta have, then that's good.  If it ties them up for other homes, then I discourage it, unless they have unlimited time to spend.

May 31, 2015 11:20 AM
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Jeff Pearl
RE/MAX Distinctive / LIC in VA - Lovettsville, VA
Full Service Full Time Realtor

i don't encourage back up offers, but if buyers really loved the house, I'll check with LA and see if they are taking back-ups, and let them know we're still interested in case something goes wrong with first contract.

May 31, 2015 11:06 AM
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Jill Murty, Realtor - Orange County, CA
Movoto - Laguna Niguel, CA

I'd generally continue to check in with the agent and see how the transaction is going.  If it starts to go sideways, I'd definitely suggest writing a back up.

May 31, 2015 10:10 AM
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Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Susan

It depends on the circumstances.  It is hard to say hypathetically.

May 31, 2015 09:55 AM
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Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

I discourage them unless it's a short sale.

Jan 19, 2019 07:32 AM
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Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

Absolutely - but make sure the verbiage is structured so that if the Seller becomes interested, the Buyer has the final "signature" - that way they can pursue other options in the meantime,

Jun 05, 2016 11:10 PM
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Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

Hi Susan --- it depends on whether I'm representing the buyer or the seller.

In your example, representing a buyer I let them know that it puts them into a back-up position should buyer number 1 should cancel.  In California, there is no obligation for them and they can proceed at looking and making offers while in a back-up position.  

I have had buyers be successful and ultimately buy that home or I often think that it puts buyer 1 on warning that the seller has a back up buyer in place should they not complete their contractual duties as outlined.  

Jun 01, 2015 03:04 AM
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Julia van Mook
Coldwell Banker Real Estate Services - Pittsburgh, PA

I had a buyer ask me this weekend about putting in a back-up offer.  I told them I'd keep an eye on the listing & asked the listing agent to let me know if anything fell through. 

Jun 01, 2015 12:56 AM
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Michael Setunsky
Woodbridge, VA
Your Commercial Real Estate Link to Northern VA

Susan Emo In my experience most buyer won't put in a back up offer. They usually want to keep on looking. I've also had several agents call me to ask if they can put in a back up offer. Haven't seen one yet.

Jun 01, 2015 12:25 AM
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Evelyn Johnston
Friends & Neighbors Real Estate - Elkhart, IN
The People You Know, Like and Trust!

I tell them it is a slim chance.  I don't know what the percentage is of lost sales, but it has only happened to me once or twice.

May 31, 2015 03:20 PM