When you make an offer to purchase a home, if the seller is not?

Question

going to make a counteroffer, does their realtor at least tell your realtor, or are you left hanging for days?

Thanks, everybody. My realtor is really good about giving me updates, so I didn't want to bother him with my question until he calls me later today.

Answer 1

When your relator sent your offer it should have been included that the seller had XX number of days to respond to your offer. Anyone who is serious about selling their home will respond or counter offer you as soon as possible!

Don't worry purchasing is a very intimidating and mind-boggling...you'll definitly get a response tho.

Congrats on making the first steps !

Answer 2

Ask your realtor to find out and give you an answer. If he cannot then you should believe it's no. When you make an offer on a house put a time limit on the offer the next time.

Answer 3

When you make an offer, you should always put in it some time limit to accept so that you aren't hanging for days. How long depends on whether the seller lives in the house or has already moved a thousand miles away.

If you don't do that, it's possible that they will hold onto the offer and use it to negotiate with other potential buyers, even though they don't intend to accept yours at all. If you get tired of waiting, you're in the position that you have to formally retract your offer.

Always put in an expiration for the offer. One day, one week, whatever, but it has to die sometime.

Answer 4

It is the duty of your realtor, DUTY, to give your bid. It is also the duty of the other Realtor to give all offers. This is real estate law. No matter what the offer is, the Realtor MUST show the offer.

Answer 5

Buying homes can sometimes be a slow proses but you should call you're Realtor if they have any info they should tell you remember they are in just a hurry as you. Good Luck!

Answer 6

There is always a time allowed for consideration in the purchase contract. This will specify the time and date the counter or acceptance of original offer must be received.

I write a blog on the subject of credit management, mortgages, real estate trends, etc. Check it out for more information that may be helpful.

Answer 7

Every situation is different, you should be asking the realtors . . . although you didn't say how many days, too soon could make you seem desperate . . . but ask your realtor now.

Answer 8

often, once you're making an supply, you put in the supply once you will prefer to take heed to back from the supplier. in case you probably did no longer they do no longer even would desire to dignify your supply with a reaction.