That is completely absurd. Your petulance is dumb. |
| OP is obviously a rookie at home buying and way too emotional to be in the market. |
It's silly to not have expirations. Only an idiot will make an open ended offer. |
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24 hours expiration offer is pretty standard. You should put that first time when making an offer.
If some one can't take or reject the offer in 24 hours then you move on. |
Not really. If you write in 24 hours and they come back to you after 25 hours, are you not going to accept? A buyer can also withdraw an offer. |
DP here. OP *knows* they wanted to play games. Actually more than "play games" - OP's realtor lied to OP about having the document but not being able to open it and conspired with the sellers to string along OP. I've bought four homes and sold two. While I agree that emotions should be kept at bay, the issue here is the willful deception. I would be very concerned about what else they're trying to deceive OP with. Major plumbing leaks that they painted over? Roof leaks they just threw new shingles over without fully fixing the roof? There's just too much risk here to do $1.35M in business with these people. |
I don't understand. What if you hadn't lost interest? Would they have sold to you? |
Huh? If they come back in 25hrs that's a new offer, which is fine. Expirations exist to prevent people from jerking you around and blocking you from handling other offers. "Offers" are never binding, only courtesy. A contract is binding. "Expiring" an offer is used to make it clear whose fault it is when a deal falls through, to maintain reputation in the marketplace. It makes no sense to blanket accept that blame in advance, and allow the counterparty to do whatever they want. |
Redfin agents do far more deals than other agents, because they only do deals, not house hunting and open houses. And they have technology that works and professional software developers on staff. Handling paperwork is not Redfin's weakness. |
Despite the name "offer" , except for contingencies, a real estate offer is a binding contract, pre-signer by the offerer. |
Whether an offer is binding varies by jurisdiction and local practice. This affects whether an offer can be withdrawn and whether expiration matters. https://www.nolo.com/legal-encyclopedia/how-i-withdraw-offer-buy-house.html |
If I told you I'd get paperwork to you (so you could give me money and purchase my home) multiple times, over several days stringing you along and then didn't without any explanation what would you think? If I would have asked for repairs I'm sure they'd do the same, lie and string me along making the home buying process difficult. They could of asked if I'd be willing for them to hold off on making a decision, ask for best and highest or counter for more. Instead they accepted it and then went quiet trying to get more money. They already showed me they were liars. |
+1 and now the house is tainted for OP. OP, you did the right thing moving along. I hope you fired your realtor, who lied to you about receiving the signed contract. |
That has not been my experience. I sent an offer on a Redfin listing and he never presented it to his sellers after over 48 Hrs despite me calling him many times, so my clients decided to pull it. He is an agent that has done a ton of transactions and he was a complete nightmare. He sent me emails that were meant for another person. Was VERY slow to respond to me, etc. That is one story out of many where the "experienced" Redfin agents were basically incompetent. |
They’re silly because you obviously want the house or you wouldn’t make an offer. And the seller knows this. I ignored the expiration dates at my agent’s recommendation— they still wanted it later. |