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Should I tell the buyer I have a backup offer?

Only if you actually have one - and even then, reveal its existence without specifics. Saying "we have an alternative" creates urgency. Revealing the backup's exact price gives the current buyer a floor to undercut by a dollar. A credible backup transforms your negotiating position from "please don't leave" to "we have options" - which is why maintaining a warm second buyer through attorney review is tactically essential.

⚠️ UNVERIFIED: No T1/T2 source located as of 2026-08-01.


This article provides general educational information only. It is not legal, tax, financial, insurance, compliance, housing, brokerage, or professional advice. Rules, tax rates, obligations, enforcement practices, and market conditions vary by property, building, contract, municipality, and jurisdiction, and they change. Sellers should consult a qualified attorney, CPA, or other appropriate professional before making decisions based on their specific situation.

From the seller playbook: BATNA Analysis in NYC Sales

This is general information, not legal, tax or accounting advice. Every situation is different. Talk to a licensed attorney, accountant or tax professional before you act.

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