No. of Recommendations: 0
millerpim:

<<<<We wrote up the offer last night and said we wanted an answer by Friday.>>>>

"Why? Why didn't you write the offer to be accepted or rejected on presentation? Why did you give these people 48 to 72 hours to decide?"

I do not think that 48 hours is out of hand. When I am selling, I will read teh entier contract, and will not do that while the buyer's broker is hanging over my shoulder. So, even assuming that I would sit still for a real "presentation" (which is doubtful), it is highly unlikely that I would ever accept an offer while the buyer's broker was hanging around.

This may be a matter of personal styles, or this may be a matter of local custom and where we learned the business, but I do not think that it is as hard and fast as Elizabeth suggests.

"Somehow, though, I have the feeling that the sellers know you are not going to walk on this deal. That you will pay whatever you have to pay to get the house, and that's not good.

I will keep my fingers crossed for you. I know how hard it is to wait for an answer."


Ditto on all of the above.

Good Luck, JAFO




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