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Updated over 6 years ago on . Most recent reply
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Seller's agent not presenting my offer for days
I found a great investment opportunity in a hot local neighborhood. Within hours of the listing going live, I entered a full-price offer in writing. This was on Wednesday, and the seller's agent claims he "cannot reach his client" until Saturday to present any offers. In the meantime, he has set up multiple showings.
I'm confident that other full-price offers will come in before Saturday. Doesn't he have a fiduciary duty to present my written offer when I submit it? I refuse to believe that he is not able to reach his client, given all forms of communication available today...
Most Popular Reply
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Sellers can review offers whenever they like. I list properties on Wednesdays and review offers the following Tuesday.
His fiduciary duty is to his client, not you. If keeping the property on the market longer yields higher offers, then that is what he should be doing.
- Russell Brazil
- [email protected]
- (301) 893-4635
- Podcast Guest on Show #192
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