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  #1  
Old 02-09-2001, 01:51 PM
donnal
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We live in Florida and are in the process of buying a house and I was told that even though we have offered the list price, the owner can still reject our offer. Is this true? If so, under what conditions? Thanks!
  #2  
Old 02-09-2001, 03:12 PM
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Yes it is true.
  #3  
Old 02-09-2001, 03:25 PM
donnal
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Thanks for confirming this. Well, I only hope he's just not "feeling out" the market! This somehow does not seem fair to the buyer.
  #4  
Old 02-09-2001, 04:17 PM
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You are welcome.
Just remember the Silicon Valley area when the list price of a home was $550K and the actual sales prices after a bidding war ended up at $895K.
  #5  
Old 02-09-2001, 04:40 PM
donnal
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Very interesting! We are buying in a "hot" area but it's not that hot, yet!
  #6  
Old 02-10-2001, 03:45 AM
archarrell
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While seller can reject he offer, generally a real estate agent who brings a full price offer expect to reveive a commission. So if the property is listed, and the seller rejects your full price offer with no better offer, he may legally owe the real estate agent a commission anyway.
  #7  
Old 02-10-2001, 10:24 AM
donnal
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Many thanks!
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