i bid on a house a few days ago and havent heard anything from my realtor or lender. is there any way of finding out if my offer was accepted w/o nagging my realtor about it?
2006-07-31 06:18:31 · 15 answers · asked by ashmac 2 in Business & Finance ➔ Renting & Real Estate
true ! we do want to look at other properties if this offer is rejected and btw we do have a contract w/ the realtor. maybe im overlooking but i dont c a time frame for accepting or rejecting the offer.
2006-07-31 06:33:20 · update #1
Usually there's something in the offer that says the owner has to accept or reject in some fairly short time period like 24 or maybe 72 hours. If there's a time period stated in your offer, wait to call until that has passed. If not, and it's been a few days, I'd call the realtor and ask casually if he/she has heard anything on your offer. You could always say you're trying to decide whether to look at other properties, so you don't sound over-eager - it's not a lie, if you don't get this one, you probably will look further.
Remember that, unless you have a contract with the realtor, realtors normally are working for the seller, not the buyer, so don't let them know you're desperate to know.
2006-07-31 06:25:47 · answer #1 · answered by Judy 7 · 0⤊ 1⤋
Hire another Realtor.
Offers are answered within 24 hours 95% of the time. If your Realtor is interested in keeping you informed of your offer, he/she probably is interested in your best interest.
I have a real problem with these type of Realtors. They give the good Realtors a bad name. Realize that 10% of the Realtors nationwide do 90% of the business. The rest are lazy and only looking for a fast buck.
2006-07-31 07:48:46 · answer #2 · answered by Nick R 3 · 0⤊ 0⤋
your realtor would call if the offer was accepted or if there's a counter offer. because they stand to profit. possibly the people selling the house are out of the country or something. you realtor will also call if there is a counter offer. no news means nothing has happened (well the realtors could be talking but no real results yet)
2006-07-31 06:23:02 · answer #3 · answered by Sufi 7 · 0⤊ 0⤋
Call your Realtor, you are paying them via the commission the receive on the sale. Don't call at 11PM call during normal business hours. They need to earn their fee and keep you posted.
Did they not include a reply date and time for when the offer would expire if not acted upon? I usually give 24 to 36 hrs to reply. Contracts MUST have a start and end date. The start date is the date of acceptance by all parties to the contract and the end date is the closing date. Usually there is a "Time is of the essence" clause as well. That is the call to adhere to all dates and times.
2006-07-31 19:07:06 · answer #4 · answered by hithere2ya 5 · 0⤊ 0⤋
Was there a deadline on the offer? Still, it's rarely more than 48 hours. I'd call the realtor and ask about the deadline and his/her feeling about what the people thought of the offer. The realtor works for you, don't think of it as bugging him.
2006-07-31 06:22:43 · answer #5 · answered by Lex 7 · 0⤊ 0⤋
nag. they want to make the sale as bad as you do. if they did find a better offer than they'll tell you essentially telling you to fu*ck off and find something else. lender won't really know until you do really. but hound the realtor and just get a straight answer.
2006-07-31 06:22:27 · answer #6 · answered by Anonymous · 0⤊ 0⤋
call your realtor. if you made an offer, typically it will expire on ___(date is written on offer here"____.
it could be that the sellers are out of town, or some such thing, thus preventing the seller's agent to get back to YOUR realtor.
it's ok to call and "nag" your realtor regarding the status of your offer!
2006-07-31 06:53:39 · answer #7 · answered by thetoothfairyiscreepy 4 · 0⤊ 0⤋
this is going to in all probability be counted on the place you look. even while the fees went down in maximum factors of the U. S., some areas have been up. And that still counts for large Britain and an mind-blowing form of alternative countries. If this is for investment you greater advantageous check out different countries like Bulgaria and Romania, the two joined the ecu community this twelve months, the place fees will upward push with double digit % for the subsequent 5-10 years.
2016-10-01 07:30:10 · answer #8 · answered by Erika 3 · 0⤊ 0⤋
Why shouldn't you bug your realtor...they're getting paid 3% of the sales price for doing practically nothing! Call!
2006-07-31 06:48:51 · answer #9 · answered by KL 5 · 0⤊ 0⤋
I dont think so, the realtor should call you the moment it is accepted.
2006-07-31 06:21:46 · answer #10 · answered by OneDay 3 · 0⤊ 0⤋