Forum Index
»
Off-Topic
I'm the earlier poster with question about putting down an offer on a house...
![[Post New]](/jforum/templates/default/images/icon_minipost_new.gif){kind=icon}
Anonymous
| We submitted our offer this morning and have heard nothing back from the listing agent. He hasn't returned our broker's calls, texts or voice mail message, nor has he returned my DH's e-mails or voice mail message. We don't even have confirmation that he has received our offer. The house is still listed as active. What the heck could be going on? Is this really unusual? |
Anonymous
|
We're talking 4 hours, right? Slightly odd that the agent hasn't confirmed receipt, but it's only been 4 hours.
It'll be listed as active until they accept your offer and go under contract. I know it's hard to be patient! But hang in there. |
Anonymous
|
OP here...I know, I'm a mess. I have to somehow put this out of my mind. We've been looking for a house for so long and this is the first one that has felt really right. What a stressful process!
My worry is that another buyer submitted a good offer, but I would think that the listing agent would let us know and give us a chance to put our best offer out there. |
Anonymous
Why did you give your best offer in the first place? Calm down, you do not want to appear too desperate to the listing agent they could use this as a way to get you to up your offer even if there is no competing bid. BTW, I am assuming that you are not buying in DC. |
Anonymous
| Did your agent talk to the listing agent before writing the offer to find out if there were any other offers? If not, he/she should have. |
Anonymous
| FYI, when I was selling my house, I was told I had 3 business days to respond to an offer. And my agent told me to take my time because another offer might come in a day or two. |
Anonymous
| the listing agent needs to contact the owners. maybe they are at work and will consider the offer tonight. or tomorrow. Do you feel your offer was very competitive? If you low balled they may not take it very seriously. |
Anonymous
| OP here...my concern is that the listing agent didn't even confirm that he received the offer, hasn't responded to text, voice mail or e-mail from our broker or DH. The offer is solid...offered 435k for the house which is listed at 449k (with 30 year old kitchen and bathrooms)...and we don't have a house to sell and can put 20% down. We are willing to go up to 449k if they don't accept our offer but didn't want to do that right away. |
Anonymous
| Unless you offered a premium over the list price, I'm not sure why you expect a response within 4 hours (!) of submitting your offer. And by having both your agent and your DH call, text, and e-mail, you've virtually guaranteed that you'll pay more than you should have to for the house. Just calm down and let the process play out. |
Anonymous
|
Think of it this way OP, assume that you and your DH both work out of the home. Assume that you were given an offer in the morning that would require you to sell your house for 15K less than you listed. That is a big decision. I know that my DH and I would (and did) wait until we got home to discuss it over dinner rather than have that conversation on the fly over the phone at the office where anyone can hear.
Give it time. |
Anonymous
Yes, give it time and please stop calling, texting, emailing. If my broker gave me an offer and told me that the potential buyers had followed up (multiple times) after 4 hours, my first response would be to tell the buyer that we want the asking price. |
Anonymous
|
You and your husband should NOT be calling the listing agent. Why did you hire your agent if you going to his job for him?
How long has the house been on the market? If it hasn't been that long, $15k under asking may not seem like a solid offer to the seller. Thirty year old kitchen doesn't mean anything in a desirable area. |
Anonymous
Why would you make that assumption? I would assume she is buying in either DC or the metro area given this is a local message board |
Anonymous
Because DC allows escalation clauses in real estate purchase letters (don't remember the exact name of the form) - if OP were buying in DC and has a buyers agent that is worth paying then she would not have to worry about having to make a second bid to get her best offer out there. |
Anonymous
| Yeah, if OP likes the house this much, I think it was a big mistake not to include an escalation clause condition on proof of another offer. Especially if you think they are getting another offer? Their agent, even if they did get the contract (and I bet they did), if he or she is worth anything, has already called the other interested buyers, told them they got a below-listing offer and is giving them a chance to put in another contract as well. And calling, emailing and texting? Sounds like your agent really hasn't been doing this very long. I'm afraid he or she might not have given you the best advice on this. I hope I'm wrong. Please let us know how it goes. |