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Expired Offers Can Still Close | Real Estate News
Description
Real estate agents need to master offer handling—whether it’s flooding the market with bids, dealing with lowball offers, or navigating expired deals. Sellers have options: accept, reject, counter, or do nothing—but agents must legally present every offer unless instructed otherwise. Once a buyer accepts a counteroffer, it’s binding; backing out requires mutual rescission and likely compensation. Prove offer presentation with standard forms like the CAR RPA, and document rejections with seller initials. Even expired offers aren’t dead—late acceptances can become new counteroffers with a quick call and proper paperwork. Keep lines open, follow procedure, and turn complications into closed deals.
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