1. Accepting the highest offer without regard to the other contractual terms
2. Not properly handling multiple offer situations with multiple Buyers
3. Not properly handling back-up offers
4. Entering into an agreement/contract with little or no earnest money from the Buyer
5. Entering into an agreement/contract without verifying the Buyer’s financial ability to close the escrow/contract
6. Not disclosing known material facts affecting the value or desirability of the property
7. Not providing the Buyer with legally required disclosures
8. Not obtaining the Buyer’s written acknowledgement of disclosures
9. Not considering whether and when to require the Buyer to remove contingencies
10. Not excluding items from the sale that the Seller wants to keep
Posted by PollyAnna Snyder on
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