Yes, The seller can still show the house until the contract is fully executed (signed by both parties).
Licensed RE Salesperson
Exit Realty Premier
Now the seller is using the buyer's signature to shop their house and get a better offer, if possible.
This is one of the reasons buyers enlist the help of a buyer's agent. Any real estate agent who wants to can represent you as a buyer.
A good agent assesses the situation in advance, and the agent keeps the deal on track as much as possible.
If you're the seller, if you let a buyer sign a contract without any intention of counter-signing, that is not nice and tactics like that have a way of backfiring. There are better ways to handle a low offer.
Licensed Real Estate Salesperson
New York, NY
Until the contracts are completely executed (signed) by both the buyer and seller, the home is still available to be shown and sold. Unless both parties have signed the contract, it can be said that there is no meeting of the minds amd so the contract is not binding.
If you have any further questions please contact me.
Arlynn B. Palmer
Daniel Gale Sotheby's International Realty
I hope this answered your question.
Wishing you the best of luck,
De Vonte Williamson, LSA
Coldwell Banker Residential
"I Stand Behind Getting You Results!"
Yes. If all parties have not signed the contract, there is no contract. For a contract to be legally binding, all parties have to sign - there are no verbal contracts in Real Estate.