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todays presentation has to do with understanding the backup contract addendum the addendum for backup contract which is tar form 1409 or trick form 11-7 when does this addendum used well your buyer client wants to put offering on a property when you inform the sellers agent about submitting an offer they state that they have a signed contract in place or you notice that the mls statuses other than active thatll be the indication that they already have a signed contract now you submit an offer with the backup contract addendum attached the sellers agent is obligated to submit all offers to the seller but theres no guarantee that it will be accepted your offer will be accepted or negotiated into a signed contract likewise you represent the seller and have a contract on the property you receive an offer on the property and you submit it to the seller with the backup contract addendum of course as an agent its your responsibility ensure that any subsequent offers are accompanied with