(Closed) How long did it take for your offer to be accepted?

posted 5 years ago in Home
Post # 3
Member
499 posts
Helper bee
  • Wedding: September 2012

Like two hours? My home was part of an estate sale and it had been on the market for over a year, so I totally lowballed them and to my surprise, they immediately accepted my offer!

Post # 4
Member
3569 posts
Sugar bee
  • Wedding: April 2013

I think it took a little over a week. That because we were going back and forth on the terms and whatnot, and they had another offer on the table.

I do think the Thanksgiving is going to delay their response so you might not a reply until Monday perhaps.

Post # 6
Member
656 posts
Busy bee
  • Wedding: May 2014

I haven’t gone through it personally… but after working in the short sale department for a mortgage company… some short sales (if you’re looking into them as well) can go on for months, close to a year.

Post # 8
Member
5423 posts
Bee Keeper
  • Wedding: November 2012

Couple weeks.  Our sellers had an open house the weekend after we put in our offer and even tried to drag it out longer, hoping for a higher offer.  PLus there was negotiating involved. 

Post # 10
Member
4352 posts
Honey bee
  • Wedding: August 2013

My parents just accepted an offer on their house from 6 months ago (they rejected it originally and approached the buyers to see if they were still interested).

Post # 11
Member
1614 posts
Bumble bee
  • Wedding: August 2014

less then one day, up to 48 hours for other homes we offered on, but for the one that we are hopefully closing on 12/11, it was less then 1 day! 

 

Oh, & we also wrote into our contract that they had 48 hours to respond….I don’t know if that is just a florida thing though! 

Post # 13
Member
3050 posts
Sugar bee

My offer said 48 hrs but they took closer to 72. And then there was the negotiation which was extra special since the seller’s agent went to Israel in the middle. So much anxiety! Good luck!

Post # 14
Member
7312 posts
Busy Beekeeper
  • Wedding: October 2011 - Bed & Breakfast

Time from our realtor submitting our offer to the first response from the seller:

Deal #1- About 36 hours at $10k below asking price with cc assistance, they countered, fully ratified contract in 6 days at $5k under asking with cc assistance

Deal #2- About a week (accept), $15k under asking, no cc assistance, was a short sale that fell thru

Deal #3- About 12 hours (accept), $15 k under asking, no cc assistance, was a short sale that fell thru even though we upped our offer to full asking price, house is still for sale 6 months later for $5k less than our original offer and $21k less than our final offer. stupid bank.

Deal #4- About 7 hours (accept), offered more than asking price with no cc assistance in multiple offer situation, everything went so smoothly that I wondered if I was dreaming and we closed 36 days later

 

Post # 15
Member
5428 posts
Bee Keeper

2 hours. I negotiated to a lower price, then she came back with a higher price (not by much though!)and I just accepted. Plus it’s a cash deal no mortgage involved!

It was either the lower price and not move in until June of next year or the higher price and move in January. So I paid what she wanted.

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