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Old 02-24-2020, 01:30 PM   #1
Major
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Originally Posted by TiltonBB View Post
Sellers aren’t obligated to accept any offer on their property—no matter how much money it’s for

It's perfectly legal for the seller to reject a full-price offer, or indeed any offer (unless the reasons are discriminatory). For example, sellers in a hot market who are expecting to sell for over asking will likely counter a full-price offer—even one without contingencies.
That's true, but the seller may be obligated to pay his agent a commission fee based on the listing agreement. Presenting a buyer that is willing to pay the listed amount with no conditions may trigger a commission payment clause.
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Old 02-24-2020, 11:10 PM   #2
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Originally Posted by Major View Post
That's true, but the seller may be obligated to pay his agent a commission fee based on the listing agreement. Presenting a buyer that is willing to pay the listed amount with no conditions may trigger a commission payment clause.
This is true in New Hampshire and I believe 48 other states. I think Massachusetts is the only state where a commission is due only when the transaction is 100% complete.
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