Special offer
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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

1. It's an offer until both Buyer and Seller agree (not a contract).  The Buyer Agent receives an autoresponse confirming receipt of their emailed offer (email is stipulated in the listing).

2. Response time expectations stipulated by the Seller are clearly indicated in the listing in the MLS - 2 business days.

3. Present after the Buyer Proof of Funds and/or financing has been verified with the Buyer's Lender.

Mar 24, 2016 10:59 PM
Ambassador
1,453,069
Susan Emo
Sotheby's International Realty Canada - Brokerage - Kingston, ON
Kingston and the 1000 Islands Area

I acknowledge receipt immediately by text and/or email. 

I then get in touch with my Sellers to let them know an offer has come in and what our time frame is for responding. 

Usually, the offer is provided to them by email to allow us to discuss it, page by page, item by item. 

 

Mar 24, 2016 10:00 AM
Rainmaker
2,071,025
Evelina Tsigelnitskaya
SIB Realty - Sunny Isles Beach, FL

1-2 days

Dec 03, 2019 11:43 PM
Rainmaker
1,598,452
Valeria Mola
SIB Realty - Miami, Sunny Isles Beach - Sunny Isles Beach, FL
305-607-0709 SIB Realty Condos for Sale and Rent

48 hours

Dec 03, 2019 05:43 PM
Rainmaker
5,104,931
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

(1) Immeditely to confirm receipt.

(2) Call seller asap and the rest depends on their availability.

But keep in mind you have not received a contract. You have received an OFFER to purchase and contract.

Mar 24, 2016 11:06 PM
Rainmaker
3,988,007
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

When I get an offer I let the other agent know it is received and since it has an expiration on it I do it quickly and let the agent know when to expect to hear back.

Mar 24, 2016 12:39 PM
Rainmaker
1,712,676
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

If you have ever taken a beginning real estate class they will tell you time is of the essence. I suggest you take a class.

Mar 24, 2016 12:05 PM
Rainmaker
1,052,321
Candice A. Donofrio
Next Wave RE Investments LLC Bullhead City AZ Commercial RE Broker - Fort Mohave, AZ
928-201-4BHC (4242) call/text

Immediately respond to agent, confirming receipt and posing any clarifying Qs. Advise that I will be presenting ASAP -- or when, if I know I will need to find seller. Then, let agent know that it was presented and ETA for response.

Mar 24, 2016 10:32 AM
Rainmaker
2,781,303
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

I am a hands on agent. I know about the offer before, during and after and the seller knows what I know when I know it

Mar 24, 2016 10:27 PM
Rainmaker
5,217,392
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

ASAP works for me, before the buyers have remorse!

Mar 24, 2016 10:18 PM
Rainmaker
4,434,127
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

I present the contract as soon as I can.

Mar 24, 2016 09:21 PM
Rainmaker
634,482
Kathleen Luiten
Resort and Second-Home Specialist - Princeville, HI
Kauai Luxury Ocean Home Sales

I immediately acknowledge receipt of the offer and inform my client. Usually I send the offer to my client via email and we confer by phone.

Mar 24, 2016 06:50 PM
Rainmaker
4,319,419
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

It depends on contract - that should have expiration date & time.

In this age, forwarding the offer to the seller is very easy - if seller can access electronic documents.

Mar 24, 2016 04:19 PM
Ambassador
6,393,609
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

ASAP is alway best, especially if it is a good offer.

Mar 24, 2016 03:28 PM
Rainmaker
1,683,912
Larry Johnston
Broker, Friends & Neighbors Real Estate and Elkhart County Subdivisions, LLC - Elkhart, IN
Broker,Friends & Neighbors Real Estate, Elkhart,IN

If it is a contract that is done right, there should be a deadline on the contract to respond to the offer, or the buyer may abandoned the now expired contract and go find another home.  That's why you see the phrase "Time is of the essence."

Mar 24, 2016 01:54 PM
Rainmaker
713,482
Sharon Kowitz
CRS-SRES-ABR-GRI-E-Pro-CREN ~ COMPASS RE - Cary, NC
Cary, NC Relocation Specialist ~ Buying or Selling

ASAP on both accounts!

Mar 24, 2016 01:14 PM
Rainmaker
1,622,432
Inna Ivchenko
Barcode Properties - Encino, CA
Realtor® • GRI • HAFA • PSC Calabasas CA

I confirm receiving as soon as I get it and another time when I check it( it has to be a full package to be presented). As for presentation, it is up to seller instructions, if they want me to present all offers on a certain day, I'd do it, otherwise, I present immediately.

Mar 24, 2016 01:05 PM
Rainmaker
1,231,853
Mary Yonkers
Alan Kells School of Real Estate/Howard Hanna Real Estate - Erie, PA
Erie/PA Real Estate Instructor

First, I expect agent writing the offer to include their business card with paperwork.

Mar 24, 2016 12:19 PM
Rainmaker
2,224,473
Debbie Laity
Cedaredge Land Company - Cedaredge, CO
Your Real Estate Resource for Delta County, CO

I let the agent know I received the offer, and I contact the seller as soon as possible. 

Mar 24, 2016 11:04 AM
Rainer
321,564
Melissa Jackson REALTOR
Trinity Premier Properties - Azle, TX
Helping You Make The Right Move

I let the buyers agent know I received the contract. Then I contact my seller email them a copy to discuss as soon as possible.

Mar 24, 2016 11:02 AM
Ambassador
2,178,703
Carol Williams
Although I'm retired, I love sharing my knowledge and learning from other real estate industry professionals. - Wenatchee, WA
Retired Agent / Broker / Prop. Mgr, Wenatchee, WA

As soon as possible, which will depend on the availability of the sellers and the deadlines outlined in the contract.  

Mar 24, 2016 10:56 AM
Ambassador
5,049,488
Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

I'd let the buyer agent know right away that we have the offer, then get in touch with the sellers to discuss the offer ASAP. If there is a multiple bid situation then we would discuss how to proceed with the offers. I'd be in touch with the buyer agents as appropriate to let them know in that case. If for some reason the sellers are not available I'd update the agent

Mar 24, 2016 10:35 AM
Ambassador
1,026,993
Mimi Foster
Falcon Property Company - Colorado Springs, CO
Voted Colorado Springs Best Realtor

Since we are generally given 6-18 hours to respond, the Seller is contacted immediately, and I text or email the Buyer's agent that the offer has been received and will be presented as quickly as possible. 

Mar 24, 2016 10:17 AM
Rainmaker
2,220,654
Anthony Acosta - ALLATLANTAcondos.com
Harry Norman, REALTORS® - Atlanta, GA
Associate Broker

Immediately

Mar 24, 2016 10:08 AM
Rainmaker
2,390,681
Bob "RealMan" Timm
Ward County Notary Services - Minot, ND
Owner of Ward Co Notary Services retired RE Broker

ASAP and ASAP

Mar 29, 2016 05:41 AM
Rainmaker
5,868,689
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

On our contracts, there is a date in which the Seller SHOULD get back to the buyer.  In our crazy Seller's market, the buyer is held hostage until the Seller FEELS like answering all the multiple offers.  

Mar 26, 2016 01:42 AM
Rainmaker
1,662,036
John McCormack, CRS
Albuquerque Homes Realty - Albuquerque, NM
Honesty, Integrity, Results, Experienced. HIRE Me!

I let them know I have the offer.  The time and date of response is on the offer in our area.

Mar 25, 2016 12:15 AM
Rainmaker
7,836,442
Roy Kelley
Retired - Gaithersburg, MD

Timely responses are always appropriate.

Mar 25, 2016 12:09 AM
Rainmaker
4,883,260
Richard Weeks
Dallas, TX
REALTOR®, Broker

As soon as an offer is received I would call my client to see if now was a good time to discuss it.

Mar 24, 2016 11:29 PM
Rainmaker
4,161,141
John Pusa
Glendale, CA

This is very good question.

Mar 24, 2016 01:32 PM
Rainmaker
785,486
Abby Stiller
TOP SELLING REALTY - Cape Coral, FL
SW Florida (239) 284-8637

Asap

Mar 24, 2016 11:12 AM