Quote:
Originally Posted by TiltonBB
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.
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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.