Asked by Deborah Madey, Brick, NJ • Mon Aug 27, 2007
I have had offers presented on contract form (common in NJ), offer to purchase forms completed by an agent, but not signed by the buyer, offer to purchase forms that are signed by a buyer, and verbal offers. Personally, I decline to present verbal offers and ask that the agent formalize it in writing. I will present any offer to my seller as long as it is in writing. I am unwilling to accept liability for any mistakes made by incorrectly understanding the details of a verbal offer.
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