Home Selling in 12831>Question Details

dial_a_granny, Home Buyer in Gansevoort, NY

Hi, i have submitted an offer on a home but its taken the agent 3 days to submit to the seller. Is this an acceptable time frame?

Asked by dial_a_granny, Gansevoort, NY Wed Nov 7, 2012

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Answers

14
Did you ask your agent why it took so long? As real estate professionals we have to submitt the offers as soon as the buyers signed it. It is a strange situation that you should talked about with your agent.

Best of Luck,

Maria Cipollone

Century 21 Tenace

http://www.Flahomespecialist.com
1 vote Thank Flag Link Wed Nov 7, 2012
This is not acceptable in any state! SDomething is wrong with this picture. Call the Broker if the agent is not doing his/her job.
0 votes Thank Flag Link Mon Nov 12, 2012
This is not acceptable any where, any time for any reason. The offer should have been submitted immediately.

Are you utilizing a Realtor to represent you? Or did you submit it to the Seller's representative?

It is never too late to get a Realtor to represent your interests.
0 votes Thank Flag Link Wed Nov 7, 2012
You should contract your agent to find out why it has been delayed. Contracts in Arkansas has an expiration date on them. If you can't get an answer from your agent you may want to contact the agents broker and get them involved. The property could go under contract if you wait too long.
0 votes Thank Flag Link Wed Nov 7, 2012
Have you gotten a reasonable reason as to the delay. If not, then your broker should press them. Usually MLS has a time frame set forth for a response.
0 votes Thank Flag Link Wed Nov 7, 2012
This is truly not enough information for us to give you a solid answer. When an agent receives an
offer he/she is committed to present that offer ASAP, and all agents know TIME IS OF THE ESSENCE
as they obviously want to make sure that their clients offer gets to the listing agent of the seller or
the seller himself as soon as possible, now is there often a delay, because the owner is out of town,
or the listing agent does present offers to his client only on the weekends, yes there could be all
kinds of reasons. You MUST contact your agent and ask why it was presented when it was presented,
I am sure there was a good reason, may be your agent had to meet the sellers in person to present
the offer and discuss any details with them...


Sincerely yours,
Edith YourRealtor4Life & Chicago and Northern Illinois Expert

Working always in the very BEST interest of her clients, Buyers, Sellers and Investors alike....
And always with a SMILE
Covering for @Properties the city of Chicago, all N and NW suburbs, the fine homes on the
North Shore, and many of the W and SW suburbs, and with her trusted Partner Agents all of
the US and worldwide properties. Edith speaks French, German, some Spanish and other.....
@Properties, 30 Green Bay Rd, Winnetka, Illinois 60093 ---- EdithDoesItRight@yahoo.com or EdithSellsHomes@gmail.com Check out my website at htttp://www.tinyurl.com/MeetEdithHere
get to know me better and learn about my experience, expertise, services available and letters of recommendation of former clients..... Also you can sign up on my site to search for properties in my expanded service area. HAVE THE MOST WONDERFUL DAY :)
0 votes Thank Flag Link Wed Nov 7, 2012
Greetings to you. You should get in touch with your Agent. There may have been a set of circumstances that allowed the Seller not to be reachable for that time frame. Offers are supposed to be presented "immediately," and as long as an attempt was made by the Agent--for example, the Agent left a message presenting the offer to the Seller; the offer was presented.

I hope this answered your question!

Wishing you all the best,


De Vonte Williamson
Licensed Real Estate Salesperson
Proudly Serving Long Island
Coldwell Banker Residential
Direct:(631)638-6193
Mobile: (631)384-3695
http://cbmoves.com/DeVonte.Williamson
http://devontesellsny.wordpress.com/
DeVonte.Williamson@cbmoves.com
"I Stand Behind Getting You Results!
0 votes Thank Flag Link Wed Nov 7, 2012
Have you had a discussion with your agent....what are the seller's circumstances, was he/she reachable...
0 votes Thank Flag Link Wed Nov 7, 2012
Very often, especially with high end properties, the owners are often traveling and are inaccessible.
Other times a property may be under joint ownership and it simply takes longer to contact everyone involved. Some are in Trust ownership and the attorneys live in a universe with a different time clock.
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Of course, there is always the prospect they are mocking a 5 hour response requirement that may have been included in the offer to purchase. There is just SOOOOoooo much we do not know.
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What we do know is professional standards do compel the real estate professional to present the offer as soon as possible to the owner. The seller may have,, and since none here are the listing agent, an agreement in place between the owner and listing agent to manage purchase offers in a fashion more suitable to the seller/owner. There is just sooooo much we do not, and can not, know. To imply an agent would put a transaction in jeapordy by delaying the presentation is just wrong thinking. There's a lot of that going around.
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Have your agent confirm your offer is the only offer in process. This piece of information may allow you to be more trusting of the process.
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PS: Currently working with a purchase where owner can respond once weekly. Patience has paid off and progress toward closing is steady and sure.
0 votes Thank Flag Link Wed Nov 7, 2012
Hi, All offers must be presented immediately if possible. If the agent isn't calling you back call their office and speak to the principle broker. Give them the benefit of the doubt before you think the worst of them, something might of happened.

Christopher Pagli
Licensed Associate Broker
Accredited Buyer Representative
William Raveis Legends Realty Group
914.406.9023
0 votes Thank Flag Link Wed Nov 7, 2012
NO that is not acceptable. It should be submitted immediately. The offer should be called in immediately or presented in person without hesitation if the seller requests that..
0 votes Thank Flag Link Wed Nov 7, 2012
No that is not acceptable. If a client writes an offer it is customary to call the offer in to the other agent or owner if it is for sale by owner, or fax, or email as soon as possible. I am not sure why your agent waited. That would allow time for other offers to come in. I hope all works out for you.
Teri Cranston
Realty USA
Associate Broker
518-376-8532
http://www.homescapitaldistrict.com
0 votes Thank Flag Link Wed Nov 7, 2012
Dial,

Three days does seem excessive. However, there's no telling what problems were encountered. The delay may not have been entirely the agent's fault. Request a clarification.....

Good luck,

Bill
0 votes Thank Flag Link Wed Nov 7, 2012
It should have been submitted promptly, and at the very most, within 24 hours.

Rachel Kopp, Weichert Realtors, Northeast Group
0 votes Thank Flag Link Wed Nov 7, 2012
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