Between active and pending, there is the bumpable buyer. If a buyer has to write an offer subject to the sale of another property and the offer is accepted, the buyer is considered “bumpable.” The seller may still actively market their property and if they get another offer that they consider acceptable, they must go… Continue reading What Does Bumpable Mean?

In 2006, I wrote the post “What Does Bumpable Mean?”  It is one of the most read posts ever.  The Cliff Note version is that the seller accepts the buyer’s offer that is contingent on something else, usually the sale of the buyer’s existing home.  The buyer has a set amount of time to sell… Continue reading BMP-Bumpable in Portland Real Estate