Frank Rubi, FrankRubiRealEstate.com (Frank Rubi Real Estate, LLC)

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

Mine have been quite successful because deals fall apart all the time.  You want to be in that strong 2nd place position for when this happens.  The Listing agent has no requirement to disclose this back up if they choose not to.

Aug 27, 2015 11:20 PM
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Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

Never! As long as the presense of the back up offer is not kept a secret.

The back up offer keeps the primary buyer honest and fully aware if they 'go stupid' they will be back on the looking circuit. Nothing allows the buyer to kick that inspection report to the curb like a back up offer.

That is the purpose of the back up buyer, to keep the primary buyer from going stupid.

Aug 27, 2015 10:50 PM
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Sara Wagner
The Woodland Companies - Adams, WI
Stevens Point Rentals

Not often in this market.

Dec 09, 2018 02:26 AM
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James Dray
Fathom Realty - Bentonville, AR
Exceptional Agents, Outstanding Results

Haven't had one happen yet.  

Aug 27, 2015 11:23 PM
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Ed Macias
Real Estate Teammates - Miami, FL
Miami FL-REO Property Management Multifamily

Rarely

Aug 27, 2015 11:04 PM
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Michael Setunsky
Woodbridge, VA
Your Commercial Real Estate Link to Northern VA

Frank Rubi, MBA In my experience, many buyers do not want to submit a back up offer because they want to continue looking for a property.

Aug 27, 2015 10:51 PM
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Bob Crane
Woodland Management Service / Woodland Real Estate, Keller Williams Fox Cities - Stevens Point, WI
Forestland Experts! 715-204-9671

One time I felt compelled to put in a backup offer, and I got it for much less than the deal that fell through.

Jun 14, 2018 08:20 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

Not often but when it does happen it is a pleasant surprise. I had it happen two weeks ago.

Jan 15, 2017 06:32 PM
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Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Frank Rubi, MBA I do not think it ever happened to me, even when the back up offer was stronger (more than previous one!)

Also, I do not write many back up offers. I think I should.

Aug 29, 2015 01:03 AM
Rainmaker
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Sally K. & David L. Hanson
EXP Realty 414-525-0563 - Brookfield, WI
WI Real Estate Agents - Luxury - Divorce

Never...don't write them.  We call before showing every proeprty if there is an offer...on to the next.  If the offer falls apart on an inspection issue...that may be a red flag to any buyer.

Aug 28, 2015 10:46 PM
Rainmaker
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Troy Erickson AZ Realtor (602) 295-6807
Good Company Real Estate www.ChandlerRealEstate.weebly.com - Chandler, AZ
Your Chandler, Ahwatukee, and East Valley Realtor

Frank - I wouldn't say that is is common, but every once in a while a back up offer ends up getting accepted and I am thrilled when it does. I think it is totally worth it, as it doesn't hurt anything, and you never know...

A few years ago deals were falling out all the time.

Aug 28, 2015 07:21 PM
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Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

I think it is a waste of time unless the listing agent is truthfull in what the pending item is and if there is even a chance of it coming back. Too many tomes it is just listed in this column but unless lightning strikes, the deal is not falling apart, 

Aug 28, 2015 08:08 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 have never had a back up offer accepted.  In those rare times where we've placed a backup offer and the initial deal fell apart, the agents typically open up the listing for others as well.

Aug 28, 2015 03:55 AM
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Barbara Todaro
RE/MAX Executive Realty - Retired - Franklin, MA
Previously Affiliated with The Todaro Team

rarely, but as a team of listing agents, we love to see those backups in place...

Aug 28, 2015 12:10 AM
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William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

I don't do many so not often

Aug 28, 2015 12:05 AM
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Wayne and Jean Marie Zuhl
Samsel & Associates - Clark, NJ
The Last Names You'll Ever Need in Real Estate

It's rare, but we had one a few months ago. We also had a deal fall apart, went to the back up, but they had moved on.

Aug 27, 2015 11:35 PM
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Mike Rock
Complete Design - Granite Bay, CA
Granite Bay Luxury New Construction...For Less

i had one recently work, i made it stronger by advising the listing agent that the offer would stand "as originally offered"  he knew we wouldnt try to monkey with it, knowing his other offer fell thru... it seemed to help as our offer had issues

Aug 27, 2015 11:30 PM