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Answers (8)
- km9
- Contributions:127
Offers these days should always be done through email with a copy to you the buyer imo. Everything must be wide open for you to see; otherwise pack up and ditch the agent for another who will.
- Toby & John T. Williams, "tjplace"
- Contributions:271
This is a GREAT question. Especially if you are dealing with a property with mulitiple offers or a REO.
In our MLS, you can ask for a signed offer acknowledgment form. The seller signs it (if they are willing) stating that the offer was presented to them. It doesn't say whether the offer was accepted/rejected/countered, just that is was presented.
When it comes to REO, much tougher. Sometimes we think they do not get presented to the bank. First of all, make sure you submit all documents the listing company requires on REO or they won't submit it.
I think almost no way to be sure your REO offer is submitted when a the offer is going through the listing broker (unfortunately).
In our MLS, you can ask for a signed offer acknowledgment form. The seller signs it (if they are willing) stating that the offer was presented to them. It doesn't say whether the offer was accepted/rejected/countered, just that is was presented.
When it comes to REO, much tougher. Sometimes we think they do not get presented to the bank. First of all, make sure you submit all documents the listing company requires on REO or they won't submit it.
I think almost no way to be sure your REO offer is submitted when a the offer is going through the listing broker (unfortunately).
- Debra (Debbie) Rose, "Livingston NJ"
- Contributions:2729
Why wouldn't they submit your offer?
They want to make a commission - can't do that without having an offer accepted.
If you are so distrustting of your agent = perhaps you should find s new one.................if you need, for whatever reason, reassurance - just ask for the listing agent (or seller) to acknowledge, in wiriting, that your offer was received.
Best wishes.......
They want to make a commission - can't do that without having an offer accepted.
If you are so distrustting of your agent = perhaps you should find s new one.................if you need, for whatever reason, reassurance - just ask for the listing agent (or seller) to acknowledge, in wiriting, that your offer was received.
Best wishes.......
- Laura Fleischer, "Laura helps you buy"
- Contributions:29
I cringe to think that you are asking that. If you do not trust your realtor to present your offer, even if it is a low offer, then something is wrong with your relationship with your realtor.
- Chad Basinger, "ChadBasinger"
- Contributions:91
This question hits home as I am in the midst of trying to buy a home. I had submitted an offer in early November and the listing agent had lead me to believe (although my offer was technically a backup..it was may impression it was going to be submitted to the bank simultaneously) that my offer was in there this whole time. Lo and behold, I spoke with that listing agent today and my offer was never officially sent to the bank (apparently the bank was verbally aware). At any rate, it just goes to show that even what you think may be happening is not necessarily the case. You can always ask the agent to provide proof of submission, although this is not a sure fire way of getting your desired answer. As others have mentioned, agents representing the buyer are not able to contact the seller directly, but you have more free reign. Bottom line is if you want to know the answer to something, ASK!! Then get any supporting documentation, if possible, to make you feel comfortable with the given answer. Best of luck!
- Stephen Murphy, "Outof thebox"
- Contributions:69
As a buyer you can do things that your agent can not. Send a letter to the seller and ask.
- Enrique Tejera, "DockEstates"
- Contributions:243
You can request a written confirmation or acknowledgment of receipt of your offer from the seller. The confirmation can be as simple as an e-mail.
- Elaine Blomenberg, "Topnotch Realtors"
- Contributions:2
All agents are required to submit any and all offers to their sellers, even if they do not agree with the offer, they are required by law to submit them. Ut is always the sellers decision whether to accept the offer, decline it or counter it.
HOW DO YOU KNOW IF THE REALESTATE AGENT SUBMITTED YOUR OFFER ON A HOME?
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