What happens after offer is submitted?
What happens after offer is submitted?
If the Seller Accepts Your House Purchase Offer With any luck, after submitting the offer to buy a house, the first thing you’ll hear back from your real estate agent is that the seller is interested in going forward. More likely the seller will counteroffer, as described next.
How long does it take for an offer to exchange?
From your original offer through to exchange of contracts should take between 4-6 weeks. With a further one to two weeks to completion of the contract. This makes it a total time of between 6-8 weeks from beginning to end.
What should I do after submitting an offer?
Immediately inform the seller that you have sent them an offer and request confirmation of offer received. Seller may decide not to answer at all if not attractive to him / her. There is no requirement for a seller to respond in any time frame or to even provide a response.
Do you have to present all offers to the seller?
The Listing Agent has to present all offers to the Seller, but whether or not the Seller responds in a Seller decision. Some Buyer’s Agent write in verbiage in the contract stating a time and date for the Seller to respond by and if no response is received, the contract is null and void.
How long does it take for a seller to respond to an offer?
No additional information is provided. Usually 24 hours. Immediately inform the seller that you have sent them an offer and request confirmation of offer received. Seller may decide not to answer at all if not attractive to him / her. There is no requirement for a seller to respond in any time frame or to even provide a response.
How long does it take for an offer to be received?
Usually 24 hours. Immediately inform the seller that you have sent them an offer and request confirmation of offer received. Seller may decide not to answer at all if not attractive to him / her. about 4 years ago
Immediately inform the seller that you have sent them an offer and request confirmation of offer received. Seller may decide not to answer at all if not attractive to him / her. There is no requirement for a seller to respond in any time frame or to even provide a response.
Can a seller accept other offers after I Make my offer?
My question is, can the seller continue to accept other offers from buyers after I’ve made my offer?” Yes, the seller can continue receiving offers from interested parties for as long as they want. In fact, they could keep the home listed for sale right up until the closing date, if they chose to.
How does it work to sell an item on OfferUp?
Once your item is live on OfferUp, here’s how the sale works: You’ll get questions or offers from interested buyers as messages right in the app. Find messages Reply to these messages to answer any questions, then agree on a price with a buyer. Use the app to find a meeting location and agree on a time to meet.
Why did seller not respond to my offer?
“If an offer is far from what a seller expected to receive, many times they won’t respond at all,” says Parnes. Other times you might not hear back for a completely unrelated reason—such as the seller is out of town or on vacation.