In Silicon Valley it is common for multiple purchase offers to be made for a home listed for sale. The seller often responds with a multiple counter offer to some or all of the offers. A normal counter offer can be accepted by the buyer creating a valid binding contract. A multiple counter offer, since it is sent to multiple buyers, may have multiple buyers accept it. After one or more buyers accept it, the seller must accept one buyer’s response to create a valid binding contract. Learn more about the strategy behind offering and winning a multiple counter offer.
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