Can I refuse offers (by … [CA]) Jul 19, 2024 2:48 AM
Can I refuse offers (by Bonanza [NC]) Jul 19, 2024 5:15 AM
Can I refuse offers (by MC [PA]) Jul 19, 2024 5:51 AM
Can I refuse offers (by NE [PA]) Jul 19, 2024 5:54 AM
Can I refuse offers (by Ray-N-Pa [PA]) Jul 19, 2024 7:06 AM
Can I refuse offers (by Tony [NJ]) Jul 19, 2024 7:39 AM
Can I refuse offers (by plenty [MO]) Jul 19, 2024 7:54 AM
Can I refuse offers (by Just Tim [AR]) Jul 19, 2024 7:59 AM
Can I refuse offers (by WMH [NC]) Jul 19, 2024 8:06 AM
Can I refuse offers (by Ken [NY]) Jul 19, 2024 8:32 AM
Can I refuse offers (by S i d [MO]) Jul 19, 2024 8:33 AM
Can I refuse offers (by zero [IN]) Jul 19, 2024 8:36 AM
Can I refuse offers (by DJ [VA]) Jul 19, 2024 8:54 AM
Can I refuse offers (by NE [PA]) Jul 19, 2024 8:55 AM
Can I refuse offers (by DJ [VA]) Jul 19, 2024 8:56 AM
Can I refuse offers (by Jim [CA]) Jul 19, 2024 10:20 AM
Can I refuse offers (by Oregon Woodsmoke [ID]) Jul 19, 2024 10:43 AM
Can I refuse offers (by Robert J [CA]) Jul 19, 2024 12:30 PM
Can I refuse offers (by W [CA]) Jul 21, 2024 10:09 AM
Can I refuse offers (by don [PA]) Jul 22, 2024 8:14 PM
Can I refuse offers (by don [PA]) Jul 22, 2024 8:16 PM
Can I refuse offers (by … [CA]) Posted on: Jul 19, 2024 2:48 AM Message:
We are considering putting our SFH rental up for sale. I could be wrong but I think we have to sign a contract with the realtor for six months.
My question is if we have an offer that meets our asking price and terms, do we have the right to refuse the offer?
For example, we live in the neighborhood and do not want to contribute to ADUs or Junior ADUs, which are permitted… those would change the entire neighborhood and not in a good way.
We’re just a mom & pop landlord, and while I know we cannot control certain things, we do have a social conscience when it comes to our neighborhood. Eventually I’m sure zoning will change to also permit apartments since we have rather deep lots but I don’t want to knowingly contribute to this. I think you for your input but really, I don’t need any criticism about how we feel. Thanks!
--99.117.xxx.xx |
Can I refuse offers (by Bonanza [NC]) Posted on: Jul 19, 2024 5:15 AM Message:
If you signed a contract to sell, and you get a full price offer, you have the right to refuse but you could be sued for it and will lose. Most likely you will have to pay some sort of damages to the buyer for not fulfilling your contract and will have to pay the realtor's commission. --65.188.xxx.xxx |
Can I refuse offers (by MC [PA]) Posted on: Jul 19, 2024 5:51 AM Message:
The buyer does not have to disclose what they will do. Sometimes money talks and BS walks. We went with the best financial candidate once-found out later about his past. I am not the morale police. I won't wait until until I find a buyer who suits me. Not a rental.
I believe you can decline offers, even if full price, perhaps they want inspections or things fixed, or a certain loan... if you want to sell, just do it. --73.230.xxx.xx |
Can I refuse offers (by NE [PA]) Posted on: Jul 19, 2024 5:54 AM Message:
Can you redo your deed before the sale to not allow that to be built on the property? Make your own deed restriction? --24.152.xxx.xx |
Can I refuse offers (by Ray-N-Pa [PA]) Posted on: Jul 19, 2024 7:06 AM Message:
NE is correct - right now the deed is Fee Simple ownership. You can always change that by adding restrictions. It does reduce the "value" of the deed/property but most folks don't dig that deep into the deed anyway. --24.101.xxx.xxx |
Can I refuse offers (by Tony [NJ]) Posted on: Jul 19, 2024 7:39 AM Message:
Back to your original question and in this day and age of "you can't say or do this or that" I asked my NJ broker this question. And surprisingly his answer was YES.
I can refuse any offer I don't like and I don't have to give a reason.
This might be a state specific question. Check with your broker AND attorney. Good luck. --73.215.xxx.xx |
Can I refuse offers (by plenty [MO]) Posted on: Jul 19, 2024 7:54 AM Message:
Shoot yourself in the foot.... I believe you can reject any offer. Not sure how you would know their intentions or control or police what they do with the property after it's sold unless as suggested above with deed restrictions. Just sell it and move on and forget about it. --172.59.xxx.xxx |
Can I refuse offers (by Just Tim [AR]) Posted on: Jul 19, 2024 7:59 AM Message:
Either do as Plenty says or don't sell. If you want to control it, then own it. --68.1.xxx.xxx |
Can I refuse offers (by WMH [NC]) Posted on: Jul 19, 2024 8:06 AM Message:
IF you don't want anything to change, don't sell. Will you also ask that the Buyer not paint or change the front door?
Sell or don't sell...do not try to control the future. --173.28.xx.xxx |
Can I refuse offers (by Ken [NY]) Posted on: Jul 19, 2024 8:32 AM Message:
I believe you could refuse an offer but if you had a full price offer the broker could insist on being paid his commission,your agreement with the broker is for him to bring you a ready willing and able buyer and if he does you would owe a commission.Considering this is part of the liberal agenda to destroy single family neighborhoods i admire what you want to do.You can have your attorney add a deed restriction saying no ADU and no additional units on the property.This will possibly take you longer to sell and get less money but it is up to you.If you do this make it clear in the listing and the contract so there is no argument when the buyer finds out.
WMH- if he wanted to he could put color restrictions for the front door as a deed restriction.Not sure what it would take to enforce no ADU it in the future.In my area there is a whole community that back in the day they added deed restrictions saying no alcohol could be sold from the premises, whole residential neighborhood --74.77.xx.xx |
Can I refuse offers (by S i d [MO]) Posted on: Jul 19, 2024 8:33 AM Message:
You should be able to tell the Buyers what they can do with the house they buy from your if the Buyers can also tell you what to do with the money they pay you for said house. What's good for the goose....
Just sell as is or don't sell. Don't be like the Govt, telling private property owners what they can and can't do with their property.
--184.4.xx.xx |
Can I refuse offers (by zero [IN]) Posted on: Jul 19, 2024 8:36 AM Message:
Buy every house on the block so you have complete control or start an HOA before you sell and become the president.
When I sold my last PR I hoped it would be to a family as it was a great house in a good location. I drive by there when heading to a bigger town I frequent. They have put up a big pole barn which ruined the yard, took down the fence and added what seems to be a fleet of old junky used cars.
I would not be happy living next to them, but it is what it is. They bought the place above asking with no restrictions. --107.147.xx.xx |
Can I refuse offers (by DJ [VA]) Posted on: Jul 19, 2024 8:54 AM Message:
There always must be a caveat for CA, but "normally":
Yes, you can refuse any offer.
The agent does want to get paid through an accepted offer at some point.
If an agent wants you to sign an exclusive broker agreement with them for 6 months, DON'T. It should not take nearly that long to get it sold. Maybe 3 months. --68.229.xxx.xxx |
Can I refuse offers (by NE [PA]) Posted on: Jul 19, 2024 8:55 AM Message:
How do you plan to predict their intentions? --174.240.xxx.xxx |
Can I refuse offers (by DJ [VA]) Posted on: Jul 19, 2024 8:56 AM Message:
If you find the agent is unresponsive, or in any way not representing you well, you do not want to be locked in with them too long.
If they are doing a good job, you can always extend. --68.229.xxx.xxx |
Can I refuse offers (by Jim [CA]) Posted on: Jul 19, 2024 10:20 AM Message:
Before you list your property with a realtor, you should sit down with a lawyer and run your questions past the lawyer. It could save you a lot of money in the long run. Either you want to sell your property or you don’t want to sell your property. --169.150.xxx.x |
Can I refuse offers (by Oregon Woodsmoke [ID]) Posted on: Jul 19, 2024 10:43 AM Message:
California, who knows what unreasonable laws there might be.
Anywhere I have lived, if there is a bona fide offer at full price without unacceptable contingencies, then you can still refuse the offer. At that point, you would owe the real estate agent his commission, because he had fulfilled the terms of your contract with him.
If you have accepted an offer, but change your mind, then you can be sued for breach of contract, and it is my understanding that where I am (Idaho), you would be liable for double the damages. You simply do not back out of a real estate sale unless you or the buyer can not meet the contingencies that are on the contract.
I'm not a lawyer and I've never sold real estate in California, so if you are serious, take your question to a qualified lawyer who specializes in real estate law. --76.178.xxx.xxx |
Can I refuse offers (by Robert J [CA]) Posted on: Jul 19, 2024 12:30 PM Message:
Normal listing periods are 90 days. You can take it off the market if your circumstances changes and you have that in your contract.
If you get a full price offer and refuse, you agent can sue you for their lost commission.
I listed a house and then my broker went on vacation without notice, leaving a salesman to attend to my listing. The salesman called me up saying he has obtained an officer I have to drive to his office for a presentation. He would not tell me the amount. So I drove an hour and the offer was for less than I paid for the house, 10 years prior. This jokester was thinking I was desperate and could have a friend of his cheat me in value. I then took the property off the market. When the broker returned she was going to sue me for the commission. I first sued them because I was instructed to remodel the house before the listing. I put $10 grand into the house, new carpet and painting. Didn't need it but agent said it would sell faster. The two of them each didn't share notes. She when this went to court the judge couldn't believe the events. 10 years prior I purchased the house using the same agent, paying $80,000. The house appreciated from $80K to $175K, plus I painted and had new carpeting installed. We listed the house for $189,000. They came in with an offer at $69,950.
SO I sued for lost time, mortgage, prop taxes and and painting. Plus the cost to re-rent the house. I won a $50,000 judgement. Their insurance refused to pay so I sued the insurance company, now getting a $80,000 judgment. --173.205.xxx.xxx |
Can I refuse offers (by W [CA]) Posted on: Jul 21, 2024 10:09 AM Message:
Unruh Act - CA law prohibits discrimination. If he is a cannibal illegal alien from Liberia who is a Yoko Ono music enthusiast with a boombox, you may violate the Unruh Act by refusing to sell to him! No one says that CA laws have to be reasonable or sane! --174.68.xx.xx |
Can I refuse offers (by don [PA]) Posted on: Jul 22, 2024 8:14 PM Message:
If you refuse a full price, cash offer with no inspection contingencies, and full price held in escrow upon signing of the contract as a deposit, then you owe the broker his commission. --73.165.xxx.x |
Can I refuse offers (by don [PA]) Posted on: Jul 22, 2024 8:16 PM Message:
You can refuse based on buyer's intended use, but what are you protecting? The next buyer might come by in a year or two and add a residence. If you want to prevent that then put in a deed restriction. --73.165.xxx.x |
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