Articles

Why is the listing agent not responding?

Why is the listing agent not responding?

It seems backward, a house seller not responding could be due to your offer being too high. When an offer is too high, most real estate agents will advise their client not to accept it. If you made an offer on a house with no response, check the market value of homes in the area.

What do you do when a realtor won’t respond?

A: Typically, most Realtors will respond to your inquiries as soon as possible. Some agents will not respond if the property is already under contract. I would suggest you consult with a buyer agent specialist to work for you. You can call your local real estate brokerage and ask to speak with the broker on duty.

READ ALSO:   Is it illegal to eat beef in North Korea?

What to do if the seller is stalling?

If you notice the seller stalling, your first course of action is to assess your options. If they need more time to get their belongings out of the home, contact your real estate agent and lawyer to draft up an addendum to the contract that allows an extension for the closing.

Can a real estate agent ignore an offer?

In California, there is no legal requirement that a buyer has a real estate agent, and most of the purchase documents and processes are standardized. For buyers who are adamant that they don’t want a buyer’s agent, the listing agents may straight refuse to work with them, and ignore any purchase offer that they submit.

How do you tell your realtor you don’t want to buy?

Ask them if there’s a good time for you both to talk, so they can be mentally prepared for the rejection. During your scheduled call, tell your real estate agent you’ve chosen to work with someone else and thank them for their time. They may ask if you’ve signed an exclusivity agreement with someone else.

READ ALSO:   Can anyone wear a head wrap?

What to do if seller refuses to close?

If the seller backs out for a reason that isn’t provided by the contract, the buyer can take the seller to court and force the home sale. This is a long and drawn out process, and most buyers don’t go that route because they need a place to live as soon as possible.

How long should you give a seller to respond to an offer?

How long do sellers have to respond. Unfortunately, there’s no rule about how quickly a seller has to respond to your offer. However, most sellers will extend the common courtesy to a buyer and respond in writing within 24 to 72 hours (or three business days) from the receipt of the offer.

Should you use a buyer’s agent to buy a home?

If you’re thinking about using the sellers real estate agent to buy a home, keep in mind, there is no buyers agent to share the commission with. Money can make people do silly things in general and real estate is no different.

Why hire a listing agent when selling a house?

READ ALSO:   How do I leave a lasting impression?

Hiring an experienced listing agent can make a huge difference if you are planning on selling a house. The real estate listing agent will typically sign a listing agreement that gives them the authority to represent the seller. They will receive a commission for selling the home on your behalf.

What happens when a buyer makes an offer on a house?

When the buyer makes an offer and asks the agent you hired what you should counteroffer, they cannot answer. Remember, they don’t represent you anymore. They can’t by law give you any advice. When the home inspection happens, and the buyer wants you to fix X, Y, and Z, your agent also will no longer be able to help you with guidance.

Can a realtor give you any advice when buying a house?

Remember, they don’t represent you anymore. They can’t by law give you any advice. When the home inspection happens, and the buyer wants you to fix X, Y, and Z, your agent also will no longer be able to help you with guidance. Throughout the whole transaction, the agent cannot offer you any real estate advice.