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hi everybody dana sparks broker of maximum one grader atlanta realtors and todays contract tip has to do with what are the buyers remedy or remedies available should a seller default on a contract so again interesting issues that this crazy market we are in uh create or new questions uh that have been provided for in the contract but uh are are rearing their heads uh in this market this is april of 2021 and this crazy market sellers market fast market is continuing and by that i mean we have more buyers than we have properties available so we have multiple buyers buying for uh the the houses that are available for sale and so what happens if a seller accepts a buyers offer they go binding theyre under contract and then a seller gets a better offer uh that they want to accept and rather than accepting the offer from buyer number two as a backup offer which is available and uh definitely i strongly suggest that what happens if the seller just outright terminates the contract with buy
