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Old 07-27-2011, 01:16 PM
 
1,446 posts, read 3,551,337 times
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My real estate agent said there was an offer on the 21st and the offer suddenly disappeared today on the 27th. Apparently the buyer didn't want to wait. Is this common?
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Old 07-27-2011, 01:20 PM
 
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Wait for what? Are you the seller? Did you not respond to their first offer in a timely fashion?
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Old 07-27-2011, 01:25 PM
 
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Quote:
Originally Posted by kevcrawford View Post
Wait for what? Are you the seller? Did you not respond to their first offer in a timely fashion?
I am the seller.
I could have if I saw some paperwork, maybe even a number.

And the coseller/executor was "on vacation".
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Old 07-27-2011, 01:29 PM
 
Location: Myrtle Beach
3,381 posts, read 9,122,930 times
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When I was making offers on houses they were only good for 3 days. If a seller is going to take longer than that to reply to my offer I really don't want to do business with them. Not responding promptly to an offer tells me the seller is going to sit on all the other stuff that needs to get done to get the deal closed.... and I do not have that type of patience.
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Old 07-27-2011, 01:39 PM
 
Location: Simmering in DFW
6,952 posts, read 22,686,569 times
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Yep, the offer expired.
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Old 07-27-2011, 01:46 PM
 
Location: Newton, MA
324 posts, read 1,089,899 times
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Around here, offers are often good for 24 hours or less. If I submitted an offer and hadn't heard back, I'd probably have my agent figure out what's going on. But if no response from the sellers, then sure I'd move on. Depends on the situation though. Perhaps if you go back to the buyers and explain what happened, they'd write a new offer. Perhaps not.

If your agent sat on this offer for 6 days without telling you about it and/or presenting it to you, that is a serious, serious infraction on his/her part.
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Old 07-27-2011, 01:48 PM
 
Location: NJ
17,573 posts, read 46,141,127 times
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Quote:
Originally Posted by Java378 View Post
My real estate agent said there was an offer on the 21st and the offer suddenly disappeared today on the 27th. Apparently the buyer didn't want to wait. Is this common?
What exactly does "said there was an offer mean"? How was your agent informed of the offer? Verbal? In writing?

Either way, why did your agent not tell you about it the day it happened?
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Old 07-27-2011, 02:02 PM
 
1,446 posts, read 3,551,337 times
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Well, the agent called and said there was an offer.

The executor told me she was going on vacation. *sigh*

I did not receive any paperwork, an amount of anything.

Realtor said to meet on Wednesday.

Last edited by Java378; 07-27-2011 at 02:14 PM..
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Old 07-27-2011, 02:34 PM
 
Location: Columbia, SC
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Yeah, I probably wouldn't wait 6 days either.
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Old 07-27-2011, 02:53 PM
 
Location: NJ
17,573 posts, read 46,141,127 times
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Quote:
Originally Posted by Java378 View Post
Well, the agent called and said there was an offer.

The executor told me she was going on vacation. *sigh*

I did not receive any paperwork, an amount of anything.

Realtor said to meet on Wednesday.
So she called and said there was an offer. Then what? She hung up? What did she say the next step was?

Something sounds off.
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