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Sellers, Does Disclosing Multiple Offers on Your Property Make Sense?
That depends. What is your strategy, meaning what do you think will happen? The Pennsylvania Association of REALTORS Listing Contract has a clause that states in part, “Unless prohibited by Seller, if Broker is asked … Broker will reveal the existence of other offers …”. Broker could mean Agent since the contract is really with the Broker. This “conversation” should take place at the time the listing contract is being signed so that there is no misunderstanding about what the partie...
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By Andrew WetzelThat depends. What is your strategy, meaning what do you think will happen? The Pennsylvania Association of REALTORS Listing Contract has a clause that states in part, “Unless prohibited by Seller, if Broker is asked … Broker will reveal the existence of other offers …”. Broker could mean Agent since the contract is really with the Broker. This “conversation” should take place at the time the listing contract is being signed so that there is no misunderstanding about what the partie...