Listing Agent’s Representations Can Be Purchase Contract

Question: We made a full listing price offer of $480,000 with $20,000 earnest money for a home in Casa Grande. Our real estate agent emailed our $480,000 offer to the listing agent who emailed our real estate agent back the next day “Sounds good. Let’s open escrow. Seller signing the purchase contract. Will send tomorrow.”…

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Home Offer Valid Despite Delay in Acceptance

  Question:  We made an offer on a home in Fountain Hills.  Under the terms of our offer the seller had 24 hours to accept our offer.  The seller was out of state, however, and did not accept our offer by returning the signed purchase contract to us until four days later.  We still wanted…

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Is Commission Owed if Offers Are Refused?

Question:  We listed our home in Gilbert for $280,000 after our listing broker told us that $280,000 would be a fair price.  Within three days we had seven offers on the home, including two offers for more than $280,000.  We were confused and upset, so we refused all of the offers.  We no longer trust…

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