Which statement best describes back pocket offers?

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Multiple Choice

Which statement best describes back pocket offers?

Explanation:
Back pocket offers are confidential offers that the buyer’s agent holds for the buyer, staying in the buyer’s or their agent’s possession until the buyer chooses to present them. They belong to the buyer and are kept private to preserve the buyer’s negotiating position. They’re not owned by the seller or the listing broker, and they’re not offers the seller makes to multiple buyers. This is why the best description is that the offer remains in the buyer’s agent’s possession for the client.

Back pocket offers are confidential offers that the buyer’s agent holds for the buyer, staying in the buyer’s or their agent’s possession until the buyer chooses to present them. They belong to the buyer and are kept private to preserve the buyer’s negotiating position. They’re not owned by the seller or the listing broker, and they’re not offers the seller makes to multiple buyers. This is why the best description is that the offer remains in the buyer’s agent’s possession for the client.

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