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First home buyer

Hey guys hoping I can get some insight. Last week my fiancé and the seller of a home both signed the purchase agreement contract. Everything was looking good, but then yesterday the sellers agent comes back to tell us there’s a better offer and they’re considering it. I’ve read the contract 10000 times now & im seriously confused on why their realtor thinks they can consider a better offer. Am I missing something here? I thought once the agreement was signed by both seller & buyer, it is a legally binding contract. What can we do? Their realtor is one shady lady it seems like.

submitted by /u/urlocalveggie
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source https://www.reddit.com/r/RealEstate/comments/px9pj0/first_home_buyer/
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