You cannot reject an offer and then later accept it. The very same rule applies to counter offers. A counter offer revokes the original offer. Thus, a seller cannot counter the buyer's offer seeking more money and, when the buyer rejects the counter, then turns around and accept the original offer.
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A counteroffer can only be made by the offeror. A counteroffer terminates the existing offer. An offeree that makes the counteroffer is still considered the offeree.
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Counteroffers can be a stall tactic. Often employers will pay you more because they know it will only be for a short while. They will then start searching for a replacement who will take a lower salary with a similar skillset to yours. This is one reason why you should never accept a counteroffer.
11 Reasons To Not Accept A Counteroffer - (2021)
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Offers and Counter Offers are Binding . A written offer is a legally binding document once it is accepted by the seller. Similarly, a counter-offer is binding once it is accepted by the buyer.
Offers and Counter Offers | Orange County Real Estate Lawyers
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