According to me, you can always withdraw an offer to purchase a property at any point of time, until it has been accepted by the seller and the signed acceptance has been delievered to you and to the agent.
The seller can pull out only during attorney review, after that it's a legal and binding contract help up by the law.
Sohail A. Salahuddin | Group Founder
Innovative Property Consultants Group | Sales and Leasing
Jameson Sothebyâ€™s International Realty
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Sellers don't make offers so they don't withdraw them. If a buyer makes an offer to a seller and the seller doesn't accept it, they can do that - they don't have to accept any offer presented to them. Now, if the offer was accepted by the seller and all parties have signed the contract, the seller would need to adhere to the contract and would only be able to legally cancel the contract by ways stated in the contract that was signed by all parties.
However, having said this, there are people who uphold the Palabra de Honor--- which is the word of honor if both parties have already arrived in a verbal agreement.
If you have already a written contract, there are some stipulations therein where you can get out of it without committing breach of contract.
Review your contract or consult your attorney for advise.