Q: I have agreed to an emailed offer to sell, but am now having second thoughts. We have not signed a contract yet.
This was an unsolicited offer by an agent and we don't have a signed contract with him either. Is email acceptance binding or can we rescind?
A: In Colorado, Contracts for the sale of real estate must be in writing pursuant to statute. In some cases, a court may enforce oral real estate contracts if there has been some partial performance. To determine whether your email "acceptance" is valid or not, I would have to look at the documents. If I had to decide on the information given, I would say there is no existing contract. You should have a qualified real estate attorney review everything.
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