Quote:
Originally Posted by stomachmonkey
No it does not.
All it does is hinder you from getting a different buyer. One who may be in a position to close right away.
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Not at all. As a seller, he doesn't have to "accept" any offer he doesn' want. He can "sit" on that offer for as long as he wants (up until offer expiration). It's only after an offer is accpeted than any other subsequent offers are put in second/back-up position.