Can a seller withdraw a counter offer? Debbie Dawson, RE/MAX

A seller has received an offer for her home and after consideration makes a verbal counter offer through her Realtor. The potential buyers verbally accept, but the seller then gets cold feet and withdraws the counter offer. Is the seller’s move legal?

Answer: Yes.

Assuming the parties have nothing in writing, the seller is likely able to do this based on a legal concept called The Statute of Frauds. Under the Statute of Frauds, certain types of contracts must be in writing in order for them to be enforceable. One of the types of contracts under this rule is the contract for the sale of real property. Therefore, if the parties only have a verbal agreement, it is likely an unenforceable contract as it wasn’t memorialized in writing.

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Debbie Dawson, RE/MAX | 3224 Little Road, Trinity, FL 34655

727-709-9541 | www.YourHomeTampaBay.com

Looking to Buy or Sell Your Home in Tampa Bay, Contact Debbie Dawson.

About the Author

Debbie Dawson
Publisher/Editor/Realtor | My passion is connecting local businesses to the residents of our community. With many years of experience in sales and marketing I have built a foundation for promoting small to mid size businesses including my own career in real estate. I enjoy spending my free time with my family and exploring new finds in our community. My happy place is at the beach, sand in my toes, watching the sunset while enjoying a perfect gulf breeze.

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