"I remember the listing agent of a Jamaica Plain home telling me that they were actually presently sitting with the seller who had just accepted a different buyer's offer. My next question explored whether the seller had signed that offer yet. The answer was, 'No.' Put simply: My buyer ended up with that home. I'm sure scenarios like this play out all the time. Verbally accepted offers count for little here in Boston." [Bates Real Estate Report]
Filed under: