Profile picture for janeliz17

Can a realtor submit multiple offers in Florida?

Im interested in a property but the realtor (listing agent) is saying that they cannot submit my offer until the offer that is on the table is either rejected/countered by the seller (the bank). Mind you this property is a short sale. Is this legal? or are they using me as a fall back?
  • January 20 - Fort Lauderdale
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Answers (3)

Profile picture for Mark LeMenager
Not really enough info to answer.  If it's listed as active on the MLS, then sure they can.  My question to you is why are you going to the listing agent.  Get someone on your side of the table and work with a buyer's agent.
  • January 21
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Florida Law is that All offers must be submitted.  The present owner cannot sign a second offer but the listing agent is required by all kinds of laws and regulations to make the bank aware that there is another offer. 

Go to the agent's broker and if you don't get satisfaction discuss it with the local board of realtors attorney

To not present the offer to the bank equates to Bank Fraud. 

I have had low ball offers that the owner had agreed to rejected after we made the bank aware of another offer.
  • January 21
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Profile picture for wetdawgs
Short sales are not an auction with all bids going to the lender, but instead an offer is accepted by the seller (who is still the owner of the home) and forwarded to the lender for their decision.

What you are describing suggests that the seller has already accepted an offer, and as it is a short sale the lender is the next in the decision making process.       While you can probably submit a back up offer, it will sit there without action until the lender has made a decision on the first offer.   If the lender rejects the first offer and the offer falls apart, then perhaps you will have a chance.

Short sales can take a long time, so if you wish to submit a backup offer, plan on being very patient.


  • January 20
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