Yes. In fact, about a third of all Tallahassee real estate offers fall through or terminate instead of closing. In case you do not win the bidding war, ask to be the backup offer. Being the backup offer means you will be called first if the current offer falls apart. That could mean you get a free inspection report too. For the sellers, they do not have to go back to the market if the first deal falls through. This means they will not have to explain to potential buyers what happened to the first offer. It always looks bad for the seller.
