🌴 Florida Real Estate Question of the Day 📘

Miguel offers $300,000 for a seller's Sarasota home. The seller counters at $315,000. Miguel rejects the counteroffer — and the seller, not wanting to lose the deal, immediately announces she accepts his original $300,000 offer. What's the status of the deal?

A) A contract exists at $300,000, because Miguel never withdrew his original offer before the seller accepted it

B) A contract exists at $300,000, but it's voidable by Miguel since he rejected the counteroffer first

C) No contract exists yet, because the seller's acceptance hasn't been communicated to Miguel in writing

D) No contract exists — the seller's counteroffer terminated Miguel's original offer, so there was nothing left to accept

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