Leave a Message

Thank you for your message. I will be in touch with you shortly.

Back Up Offers

Ellen Cook June 4, 2025

What Does It Mean to Submit a Back Up Offer?

Sometimes, you find the one, only to discover it’s already under contract or your offer wasn’t strong enough and you lost it to a competing offer. While it’s disappointing, submitting a backup offer could still land you the home you love.
 
A backup offer is a fully negotiated and signed contract that includes a “Backup Agreement Contingency Exhibit”, meaning the contract only goes into effect if the primary contract falls through. If that happens, your offer automatically moves into the primary position with the agreed upon terms without the seller re-listing the home.
 
Sellers love having a backup offer in place as it gives them more leverage in negotiations with the current buyer, especially when it comes to inspection repairs or contract concessions. If the first buyer starts making unreasonable requests, the seller is more likely to stand firm, knowing they have a solid backup ready to go.
 
This may seem like a long shot, but terminations are on the rise this year and more deals than ever are falling apart before closing. Having a backup offer in place puts you next in line, ready to move forward while keeping your interests protected. And if you keep searching and fall in love with another home? No worries—you can cancel your backup offer at any time for just $10 - less than a meal at Chick-Fil-A! Questions? Confused? Don’t worry, I’m always here to guide you every step of the way!

Let's Get Started

Ellen Thomas blends analytical insight with refined service to deliver a seamless real estate experience. Known for her thoughtful guidance and strong client advocacy, she helps buyers and sellers navigate every move with confidence and clarity.