Special offer

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Rainmaker
7,866,704
Roy Kelley
Retired - Gaithersburg, MD

Prompt and deliberate responses are good business practices.

Jan 05, 2017 06:59 PM
Rainmaker
1,207,868
Peter Mohylsky, Destin BeachPro
PMI. Destin - Miramar Beach, FL
Call me at 850-517-7098

Respond as quickly as possible.  

Jan 06, 2017 01:04 AM
Rainer
145,403
Andrzej Niemyjski
Realty One Group - Sun City West, AZ

I let sellers know right away and work together on when we respond to that offer

Jan 05, 2017 10:14 PM
Rainer
216,904
Sharon Altier
Coldwell Banker Realty - Elmhurst, IL
Luxury Property Specialist, CSC, SFR

As soon as I have a response, I forward the response; certainly within the timeline. 

Jan 05, 2017 10:09 PM
Rainer
321,564
Melissa Jackson REALTOR
Trinity Premier Properties - Azle, TX
Helping You Make The Right Move

I get the offer to my client as soon as possible. Depends on the situation, usually the answer is immediately.  

Jan 05, 2017 10:08 PM
Rainmaker
5,772,593
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Michael & Gayle,

I don't believe in playing games.  If you have a counter ready, respond.

Jan 05, 2017 08:58 PM
Rainmaker
577,750
Gloria Valvasori, Accredited Senior Agent
BETTER HOMES AND GARDENS REAL ESTATE SIGNATURE SERVICE - Mississauga, ON
REAL Experience | REAL Commitment | REAL Results!

Time is of the essence with any offer, and I notify the Seller immediately and make arrangements to present it to the Seller as soon as it is feasible to do so..  I always invite the Buyer agent to present his/her offer  in person, and if possible to have his/her buyers standing by outside so any changes can be dealt with immediately.

Jan 05, 2017 07:40 PM
Ambassador
2,458,241
Kat Palmiotti
eXp Commercial, Referral Divison - Kalispell, MT
Helping your Montana dreams take root

We don't usually have deadlines here, but even without them, getting a response prepared and returned asap is the way to go. If there was a deadline, I wouldn't wait until then to respond.

Jan 06, 2017 04:22 AM
Rainmaker
4,434,177
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

I like to do ot as soon as possible.

Jan 06, 2017 04:13 AM
Rainer
150,466
Michael Thacker - Re/Max Real Estate Center - Louisville
Re/Max Real Estate Center - The Thacker Group - Louisville, KY
Your best friend who just happens to be a Realtor

I work fast and furious to keep the negotiation going. Any delays can only muddy the deal, and that is not what I am hired for.

Good question by the way!

Jan 06, 2017 01:53 AM
Rainmaker
687,136
Hella Mitschke Rothwell
(831) 626-4000 - Honolulu, HI
Hawaii & California Real Estate Broker

Always present the offer immediately, unless the seller has instructed his agent to wait until a certain time, and then present all offers. But this should be on the MLS so any agents making an offer know it won't be looked at until such and such a date. Now that doesn't mean a buyers agent won't try to jump the gun with an early deadline; then you present the offer to the seller early, see what your instructions are, if any.

Jan 05, 2017 10:23 PM
Rainmaker
902,238
Olga Simoncelli
Veritas Prime, LLC dba Veritas Prime Real Estate - New Fairfield, CT
CONSULTANT, Real Estate Services & Risk Management

Present first and follow seller's directives; sooner is better.

Jan 05, 2017 08:38 PM
Rainmaker
599,734
Nathan Gesner
American West Realty and Management - Cody, WY
Broker / Property Manager

I play it by ear. Some situations dictate a fast response while others require waiting until the last possible moment.

Jan 05, 2017 08:30 PM
Ambassador
2,684,769
Fred Griffin Florida Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

     If the offer is good, and you don't have another offer on the horizon, respond with "Acceptance" immediately.  In my state of Florida, a Buyer can rescind an offer before it is accepted (it happens sometimes).  

     If the Seller plans to counter the offer (not accept it), then you can take more time as necessary.

Jan 05, 2017 06:47 PM
Rainmaker
4,319,773
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

Michael & Gayle Ramsey Fujita - there are some rules of negotiations. Depending on the offer, act fast or keep quiet!

Jan 08, 2017 03:12 PM
Rainmaker
5,878,778
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

The last 3 years in spring and early summer we see multiple offers.   We typically put into Broker remarks when the offers will be reviewed and when to expect a response.

Jan 08, 2017 01:39 PM
Ambassador
3,350,144
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate Services

I manage potential chaos and fire drills by making it crystal clear when the offer deadline is and how much time to leave for the seller to respond.  I am not acting unilaterally here ... the sellers agree to the strategy. 

That said, all markets are different.  Some markets won't tolerate an offer deadline in which case a quick response may be the better practice. 

Jan 06, 2017 09:44 AM
Rainmaker
766,469
Tony Lewis
Summit Real Estate Group - Valencia, CA
Summit Real Estate Group Valencia & Aliso Viejo

This is a case by case situation.  A great offer from a highly qualified buyer with a good agent gets attention immediately.  Subsequently a low-ball offer gets put in the back burner but helps bring other offers in since I can now state we have an offer.

Jan 06, 2017 09:41 AM
Rainmaker
5,583,328
Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

when I was actively listing property, waiting was never an option....what I had in hand was worked... diligently.... no time to waste.... put a deal together or bury it....

Jan 06, 2017 08:29 AM
Rainmaker
864,708
Les & Sarah Oswald
Realty One Group - Eastvale, CA
Broker, Realtor and Investor

I present the offer and advise them of the time frame, however, I would recommend that they respond sooner.

Jan 06, 2017 07:04 AM
Rainmaker
5,243,107
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

When you have the answer, forward it! Why play games?

Jan 06, 2017 05:45 AM
Rainmaker
1,617,916
Harry F. D'Elia III
WEDO Real Estate and Beyond, LLC - Phoenix, AZ
Investor , Mentor, GRI, Radio, CIPS, REOs, ABR

Many times seller wants to wait until deadline in case other offers come in

Jan 06, 2017 05:35 AM
Rainmaker
1,157,791
FN LN
Toronto, ON

Provide the response before the irrevocable time and date.

Jan 05, 2017 11:42 PM
Rainmaker
2,224,473
Debbie Laity
Cedaredge Land Company - Cedaredge, CO
Your Real Estate Resource for Delta County, CO

I let the seller know right away. How the seller will respond and in what time frame will depend on the market, and the seller's needs. 

Jan 05, 2017 07:54 PM
Rainmaker
1,712,776
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

Time is of the essence.

 

Jan 05, 2017 07:14 PM
Rainer
79,335
Gayle Fujita Ramsey Mike Fujita
Green Realty Group (808) 388-1485 - Honolulu, HI
(S) RA SFR ePro MRP

Thank you all for your comments very enlightening...  wish more agents felt the same way in my market.  

Jan 12, 2017 09:36 AM
Rainmaker
1,728,556
Sandy Padula & Norm Padula, JD, GRI
HomeSmart Realty West & Florida Realty Investments - , CA
Presence, Persistence & Perseverance

Time is of the essence with all offers since that can be withdrawn prior to acceptance.

Jan 07, 2017 05:50 AM
Rainmaker
3,986,308
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

I do what is needed in a timely manner

Jan 06, 2017 05:16 PM
Rainmaker
4,963,625
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Time is always of the essence

 

Jan 06, 2017 02:20 PM
Rainmaker
1,955,862
Sheri Sperry - MCNE®
Coldwell Banker Realty - Sedona, AZ
(928) 274-7355 ~ YOUR Solutions REALTOR®

I discuss our options with the seller. After all it is their home!  I make reccomendations and give them a chance to digest the offer and how they want me to respond. 

Jan 06, 2017 11:14 AM
Rainmaker
1,506,483
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

Depends on what the client wants to do.

Jan 06, 2017 10:31 AM
Rainmaker
2,785,126
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

No moment is wasted when business is activated. No mixed messages!

Jan 06, 2017 07:55 AM
Rainmaker
971,083
Frank Rubi
Frank Rubi Real Estate, LLC - Metairie, LA
FrankRubiRealEstate.com

My norm is as soon as possible. Then I will wait for the client's response mindful of deadlines. 

Jan 06, 2017 06:49 AM
Rainmaker
1,466,257
Michael Setunsky
Woodbridge, VA
Your Commercial Real Estate Link to Northern VA

Michael & Gayle Ramsey Fujita Roy Kelley has this one.

Jan 06, 2017 06:48 AM
Rainmaker
991,652
Jennifer Mackay
Counts Real Estate Group, Inc. - Panama City, FL
Your Bay County Florida Realtor 850.774.6582

Why wait? Sooner is always better than later

Jan 06, 2017 05:35 AM
Rainmaker
921,504
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

I respond in accordance to the directive of the one who hired me.

In many cases they can not or will not be disturbed at work.

The deadline has no bearing. I will make the effort to suggest to the buyer agent response will be delivered not before the following AM.

Those who hire me have been made aware of the negotiation tactic and are prepared.

Jan 06, 2017 05:21 AM
Rainmaker
5,115,057
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

What is the purpose of waiting for the deadline unless it's unavoidable due to sellers being unavailable more quickly?

Jan 06, 2017 04:59 AM
Rainmaker
3,071,489
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

Roy Kelley nailed this one!

Jan 06, 2017 04:51 AM
Rainmaker
4,272,934
Paul S. Henderson, REALTOR®, CRS
Fathom Realty Washington LLC - Tacoma, WA
South Puget Sound Washington Agent/Broker!

Work as fast as possible.

Jan 05, 2017 08:27 PM