One agent even gave me a deadline; I had six hours to get a local pre-qual letter to her or my offer would expire.When I've had the opportunity to provide more information to these seller's agents, I've explained that I'm local, so even though I'm using an out-of-state bank, I will continue to reinvest in the local economy.

The only way it should be offered is with a fixed amount and firm deadline.

Some of these hang-ups were outside of our control, but If I had to do it over again….I would build a comprehensive plan immediately after we enter the due diligence phase that's visible to all partners (including lender, property manager, and attorneys on both sides) with each key activity with an assigned owner and deadline for each.

Multiple offers and highest and best offer deadlines are normal in the Pensacola Florida market, and have been for the last several months.

Id like to develop a scope of work and schedule work deadlines before closing on the house.

Water well drilling, gave them both a deadline date and also a defined "good" well of 8 gallons per minute. 

Going forward all change orders must be in writing and you should have provisions for missing deadlines in the contract.

There are a lot of rules involving QOF to keep it 100% compliant.To make things more complicated - a lot of the deadlines/time constraints were extended as a result of COVID-19 via the Cares Act.

I can pay (and do) over PV all the time...and make a short term, and long term killing, but I don't put such a short term deadline on a payoff.  

Negotiations, using the right forms to keep you out of trouble, chasing people to get those forms signed on time, disclosures, comps, wrangling inspectors and re-negotiations and appraisers, managing deadlines - and the list goes on and on.The fact that a good Realtor makes it look easy doesn't mean it is.