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Bid ... accepted or not?

Started by MoBetter
almost 16 years ago
Posts: 4
Member since: Sep 2009
Discussion about
How long is "typical" to hear back on whether your bid is accepted or not from seller? Thx!
Response by kylewest
almost 16 years ago
Posts: 4455
Member since: Aug 2007

Holiday weekends have no rules. 3 business days max. would be my rule. Calls to other broker on day 2 with clear statement that offer is withdrawn at close of business on day 3. You don't want your bid to just become a tool for the seller to use to encourage other bids.

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