Can sellers lie about multiple offers?

As everyone else has said, yes they can lie about other offers but if you have an escalation clause that is being used, they need to present the other offer if requested. One of the problems with agents is they lie so much its essentially impossible to assume they are telling the truth or to assume they are lying.

How do I convince a seller to accept my offer?

11 Ways To Get Your Offer Accepted In A Seller’s MarketYou’re finally ready to take the plunge and put in an offer on your dream house. Make Your Offer As Clean As Possible. Avoid Asking For Personal Property. Write A Personal Letter To The Seller. Offer Above-Asking. Put Down A Stronger Earnest Money Deposit (EMD) Waive The Appraisal Contingency.

What are contingencies?

Contingencies are conditions that must be met in order for a home sale to be finalized. Depending on which party arranges for contingencies, they act as an additional measure of assurance for the buyer, seller or both.

What are examples of contingencies?

An example of a contingency is the unexpected need for a bandage on a hike. (countable) An amount of money which a party to a contract has to pay to the other party (usually the supplier of a major project to the client) if he or she does not fulfill the contract according to the specification.

What are legal contingencies?

Contingent liabilities are liabilities for which the possible loss outcome is unknown or uncertain, such as pending or threatened litigation, actual or possible claims, or product defects. Uncertainty is inherent in all loss contingencies.

What is unforeseen contingencies?

If something that has happened was unforeseen, it was not expected to happen or known about beforehand.

What is the meaning of unforeseen?

: not anticipated or expected : not foreseen : unexpected an unforeseen delay unforeseen consequences.

Is contingency an expense?

Contingency Amount: Contingency amount refers to the money set aside to cover any unforeseen expenses of the organization or the project. Contingency expenses are required because any organization or a project can face an uncertainty because of which certain costs are incurred.