Asked by In Disbelief!, Denver, CO • Wed Nov 9, 2011
My Boulder home, requiring renovation, was tied up for a month while under contract. Buyer eventually terminated based upon loan conditions given that their planned renovations were too costly. One valuable month off market as home was not being shown. Same day it went BOM it had 2 showings with 7 more to follow w/in a week and a new potential buyer who also wants to renovate. I now want my listing agent to show MLS status as contingent, continue to market/show, and accept backup offers. To protect Buyer, Iâ€™m willing to write into contract that house will continue to show for back-up offers only until all contingencies have been satisfied by Buyer. Also, â€œSeller may not accept another contract regardless if price/terms prove more acceptable.â€ My agent is unsure as to how to disclose on MLS, or whether agents will bother to show to their client. 1) is it possible to list this as Active Contingent and 2) would you bother to show to a client?
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