Asked by Anne Tower, San Diego, CA • Sun Jul 27, 2008
selling agent accepted the offer, and asked them for a good faith deposit of $3000 to be put into escrow account. They were willing to do that. A few days later, the selling agent said they were going to keep the listing open to other offers, and not accept the deposit. For about 3 weeks, there were no other offers, and paperwork was sent to daughter with offer, etc. Then a few days after that someone else made a higher offer. The listing is still open. Is that legal, or should my daughter's offer have been declined before they could have accepted another offer?
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