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Sellers signed two different buyers’ offers

We may have just participated in the last “hot” housing transaction in this crazy US real estate market before it started cooling down, at least in our region (Midwest). Long story short, we made an offer on Saturday (June 26), the day the home first hit the market. The next day, late evening, the sellers sent over a counter offer that we were mulling over on Monday. As we were about to respond the counter offer (and accept), our realtor informed us that the sellers went with another offer. First, is that legal? What’s our recourse?

EDIT: fixed typos.

submitted by /u/spicysubu
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source https://www.reddit.com/r/RealEstate/comments/vo5qk9/sellers_signed_two_different_buyers_offers/
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