A credible backup buyer is your strongest negotiating weapon during attorney review. If the primary buyer attempts a re-trade or shows signs of flight, you can credibly communicate that you have alternatives - eliminating their leverage entirely. Without a backup, every buyer concession request puts you in a desperate position where you must accept or start over from scratch with accumulated days on market.
From the seller playbook: Behavioral Risk Signals in Buyers
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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