Originally Posted by JAJ

A note to sellers. If your property is reasonably priced, I would not be concerned about a potential buyer walking away because you don't take a property off the market based on a legally meaningless offer.

With a reasonable price, another buyer should not be hard to find. (of course, most seller overprice their properties).

Based on anecdotal evidence, a significant % of sales "fall through" anyway, so if you take the property off the market you are exposing yourself to this risk simply for the convenience of a buyer.