784,786
6,393,404
231,224
no legal requirement to respond. common coutesy ..yes. What comes around goes around.. Thats why we have the clause that gives them x amount of days to respond, or the offer is cancelled.
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TENNESSEE HOME TEAM
Murfreesboro, TN
443,220
There is no legal standard that I know of. Common courtesy (which is ot at all common) would be to send the buye's agent an email.
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TENNESSEE HOME TEAM
Murfreesboro, TN
1,452,819
5,583,278
we always respond to every buyer's agent who submitted an offer....win, lose or draw.... it's common courtesy.....
763,883
I would highly suggest that when an offer is rejected to never ever give a reason for the rejection. This is not a debate or discussion, it's simply a rejected offer.
216,904
On the signature page of our contracts, on the bottom, it notes a signature line/date/time, for Seller to note that offer was presented and rejected. You can advise agent, in writing, upon presentation of offer, that if Seller rejects offer, your client would like that completed. Most comply. Our doc notes "Illinois Real Estate License Law requires all offers be presented in a tiemly manner, Buyer requests verification that this offer was presented. Seller rejetion: This offer was presented to Seller on ___, 20__,at __:am/pm and rejected on ___, 20__, __am/pm."
1,466,207
Daniel W. Hayes There is no legal requirement her. As a professional courtesy, I send back the offer saying it was rejected by the seller.
4,800,082
There is no requirement to give a formal denial here in Florida as far as I know. Though, common courtesy would dictate some sort of answer.
150,719
911,338
It's not required in VA, but many agents just have the seller initial the 1rst page of contract and send it back which is suppose to confirm that seller saw the offer. With multiple offers, agents here usually alert all agents that submitted offers were received, and specify a date they will be reviewed by sellers. This gives agents that submitted low offers a chance to make revisions if they know their buyer can go up on price or otherwise improve their offer and chances of getting it acccepted. Many agents use " Highest and best' in that situation so they don't have to be dealing with multiple counter offers.