On Saturday evening, the listing agent notifies the buyer’s agent that the seller accepted the offer from the buyer. The seller accepted the offer unequivocally and signed the contract. The buyer’s agent informs the listing agent that he will not be able to notify the buyer of the acceptance until Monday. Should the brokers insert Monday as the effective date?

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  • On Saturday evening, the listing agent notifies the buyer’s agent that the seller accepted the offer from the buyer. The seller accepted the offer unequivocally and signed the contract. The buyer’s agent informs the listing agent that he will not be able to notify the buyer of the acceptance until Monday. Should the brokers insert Monday as the effective date?

No. Under these facts the elements of final acceptance are satisfied on Saturday.

Source: TAR

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