Understanding Backup Offers in Real Estate | Pros, Cons, and When to Use Them

In this episode of the MTNBuff Podcast, Paden and Ben break down everything you need to know about backup offers in today’s real estate market.

Whether you’re a buyer trying to stay in the game or a seller weighing your options, this conversation explains the ins and outs of backup contracts—how they work, when they’re used, and what to consider before making one. They walk through the pros and cons from both the buyer and seller perspectives, share real-world examples, and offer expert advice on how backup offers can be used as a smart strategy in competitive markets.

📌 What You’ll Learn:

– What a backup offer is and how it functions

– When to submit or accept a backup offer

– Legal and timing considerations

– How to protect your interests as a buyer or seller

Whether you’re active in the market or just getting started, this episode gives you the clarity and confidence to navigate backup offers like a pro.