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When a Buyer Backs Out: What Can You Do?

Nomad

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Imagine a situation, where you agreed to sell for a set of conditions and someone agreed to buy and agreed to the conditions but then he backs out. What do you do in a situation like this? Well, if you have a written contract, you might take legal action. If the deal was only verbal or online, there is nothing you can do to enforce your agreement. If you have a lot of buyers pulling out from your deal, it might be signalling a deeper issue, maybe price, product, or trust. You can analyze the reasons, tweak your offer, and protect yourself with written agreements whenever possible.
 
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