If a Seller has declined a counter-offer, can a Buyer resubmit an offer?

Just curious:  If a Buyer and Seller have offered/counter-offered/counter-offered again, until the Seller has finally declined the latest counter-offer, is the prospective Buyer - perhaps realizing she pushed a bit too hard -- able to resubmit an offer equal to the Seller's final offer? 

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I believe only three offers and counter-offers can be submitted.