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Updated about 15 years ago on . Most recent reply

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144
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John H.
  • Massachusetts, MA
31
Votes |
144
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Time it takes for realtor to submit offer..

John H.
  • Massachusetts, MA
Posted

When you put in an offer through a realtor, with a 48 hour response time, is it normal for the realtor to wait until the last minute, get all other offers in, then submit them at once? My last offer was full price and she still waited. In my perfect world, I'd want to see my offer submitted then and there, because its all done through email, or web site anyways.

Most Popular Reply

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1,148
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903
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Brian Levredge
  • Investor
  • Chattanooga, TN
903
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1,148
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Brian Levredge
  • Investor
  • Chattanooga, TN
Replied

It depends on who you are wanting to buy from. I've bought HUD foreclosures and that process was done once a week. On bank owned properties, they tend to take their (asset manager) time so you can pretty much forget about the time limits in the contract, especially if you want the property. That is why you want to submit multiple offers.

  • Brian Levredge
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