Short sales questions

[Chrys Steele]

I am new to this, so please bear with me. I live in Rochester New York and put an offer in on a home that was listed as "short Sale, bank wants an offer " last week. The seller accepted my offer and then it was sent on to the bank. The sellers bank sent an appraiser out to appraise within a few days, and I have yet to hear if the bank has accepted my offer. The Bank is ESL, which I was told they are usually quick to act on short sales. My realtor is away on vacation for a week, and I have some questions! Does anyone have experience working with ESL and how long they usually take to accept an offer once the appraiser looks at the house? Also, if other offers come in, does the bank automatically accept them? Sorry, these may be ridiculous questions, but I would love to know the answers! I am fine with a long wait......as long as I know the bank has accepted my offer. I'm in no big hurry to move, just anxious to hear from the bank! Thank you in advance for your response!