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How long does it take for the seller to respond?
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Arria



Joined: 14 Jul 2004
Posts: 3

PostPosted: Wed Jul 14, 2004 11:44 pm    Post subject: How long does it take for the seller to respond? Reply with quote

Monday night, my hubby and I made an offer on a home we saw. Our realtor said she gave the agent the paperwork first thing Tuesday morning. Well Tues noon I called her and she said the seller was reviewing the info and that another buyer had made an offer, too. That'd we'd hear back in 48 hours. It's been 48 hours. I suppose no news is good news, but what do you guys think? How long does the seller usually take to respond? I have no idea how much the others offered but we offered within $15k of their asking price. And the housing market is really busted up right now. Hardly anyone is buying.
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RyanS



Joined: 23 Jul 2004
Posts: 5

PostPosted: Fri Jul 23, 2004 12:34 pm    Post subject: How long does it take for the seller to respond? Reply with quote

The time for the seller to reply should be listed in your contract/offer. In Ca. most contracts have 72 hrs as a default. Ask your agent to call the seller's agent to get an update.
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Landlord



Joined: 01 Aug 2004
Posts: 1

PostPosted: Sun Aug 01, 2004 1:25 am    Post subject: How long does it take for the seller to respond? Reply with quote

If it is a bank we are talking about expect to wait 3 months or so. But, they won't accept you anyway, they do not barter.
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Carolinahomeratescom4767



Joined: 09 Aug 2004
Posts: 7

PostPosted: Mon Aug 09, 2004 2:15 pm    Post subject: How long does it take for the seller to respond? Reply with quote

you might get an answer next monday.usually the listing realtor will have them do 1 more weekend to show the home before going under contract.or they will definitely let you know friday....before you shop for another home!
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AtlantaRealtor



Joined: 18 Aug 2004
Posts: 2

PostPosted: Wed Aug 18, 2004 3:05 am    Post subject: How long does it take for the seller to respond? Reply with quote

You should have an expiration date in your offer-I usually include a 36 hour window for the seller to respond. I would call your agent and ask when your offer is set to expire. If there is no expiration, have them draw an amendment that will cause the contract to expire a 6PM TONIGHT if there is no response.While the law varies slightly from state to state, the general rule is that if the seller (not the seller's agent) receives the contract on Monday morning, and another on Monday afternoon, they MUST respond to the first contract before negotiating the second. However, if the agent receives contracts in the same time frame, but waits until Monday night to present both to the seller, they will have the option of asking both parties to resubmit their 'highest and best' offer to purchase.Keep in mind though, that sometimes less reputable agents will claim a fictional competing offer to drive up the price. Your offer sounds very reasonable-If you get the 'highest and best' request, I'd stick to your current offer. But make sure you get a time limit in place on your contract NOW!
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Annolweean



Joined: 27 Nov 2011
Posts: 1
Location: Syria

PostPosted: Fri Dec 09, 2011 10:15 am    Post subject: Привет вс Reply with quote

Certainly. So happens. Let's discuss this question. Here or in PM.
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Joined: 28 Nov 2011
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vatNeumma



Joined: 28 Nov 2011
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