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I think depends on the listing agent. Typically I try to get an offer that I feel the bank will accept based on many different factors. I then go to P&S and only show it for back up. I want to make sure seller has a serious buyer and I give some assurances to the buyer which makes all parties satisfied.
sadly way to common. however there is a difference between a Contract and an Offer. If the Seller has Signed either of the Offers, they become a contract, You can not sign two contracts, without priority. If they are signed, with a short sale addendum allowing for back up offers, then one of the offers is first in line and the second or "weaker" offer is second in line.
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