Key Words : Back Up Offer
Placing an offer on a home that's already under contract is more common when housing inventory is low.
A seller may accept backup offers so that if the current buyer walks away, there is another buyer ready to close the deal.
By collecting backup offers, the seller avoids having to remarket the listing, show the home again, or sift through numerous new offers.
If you think you found your dream home but it's under contract, message me today and let's get a back up offer on the table!
Get my Home Buyer Basics checklist guide for EVERYTHING you need to get you through the home buying process!
Categories
Recent Posts

Springfield, MO Housing Market Forecast: What to Expect in Late 2025

How to Win a Multiple Offer Situation as a Home Buyer in 2025

Top 5 Home Improvements That Add Value Before You Sell

Is 2025 a Good Year to Sell Your Home in Springfield, MO?

7 Things First-Time Home Buyers in Missouri Must Know in 2025

Spring 2025 Housing Market Update: What Springfield Buyers & Sellers Need to Know

How Interest Rates Impact Home Buying Power

How to Choose the Right Real Estate Agent

Should You Sell Your Home or Rent It Out? A Guide for Springfield Homeowners

Staging Secrets: How to Make Your Home Irresistible to Buyers