Accepting Backup Offers: Can a Seller Take a Better Offer?

Your offer was accepted, but the seller is still accepting backup offers. Can another buyer come along and take the house from you?

In Michigan, you may see a listing marked ABO, which means Accepting Backup Offers. I explain what that actually means for the buyer who is already under contract and why sellers accept backup offers.

Don’t panic. Nobody is stealing your house. The seller simply has a Plan B!

I’m Kelly Finley with New Century Realtors, here to back you up when needed.

Kelly Finley

Broker/Owner

New Century Realtors

248-808-2525 Cell