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How Long Does It Take To Hear Back From A Seller On An Offer?

Certified Mortgage Advisor
NMLS 1701021
April 19, 2020

Q&A: When will you hear from a seller?

How often have you seen sellers and their agents just ignore offers? It's four days for a response back unheard of? So unfortunately this happens really.

Good practice of a listing agent

A good listing agent should be responsive to offers no matter what the offer is like. They should be able to give you a response back when you submit an offer, there's going to be an expiration on the offer that basically says, we expect to hear back from you within a certain timeframe.

Turnaround time

Normally it's only a couple of days and then a seller should be able to get back to you with either a counter or rejection or approval. They should be able to give you an answer. So if you're not hearing back within four days, most likely your expiration is passed on that offer anyway, and it sounds like the seller just isn't replying or the listing agent isn't replying to you.

Reach out, ask!

Might be worth having your agent reach out for a phone call and seeing what's going on. Really it just is frustrating when you're trying to negotiate with a seller and they don't wanna negotiate, right? they listed their home for sale. You're putting in an offer. Why aren't they responding? So what I would do is I would just reach out and see what you can do to talk with that listing agent to see how you can get things moving forward or if there's a counter that the seller wants to propose.

Good negotiation should have good communication

Ideally, it shouldn't just be radio silence, because that's not how negotiations work. At least that's not how good negotiations work. Talk to your realtor, and have them reach out to the listing agent. See what's going on and see if you can get a counter offer on that contract.

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Kyle Andrew Seagraves is Federal Mortgage Loan Originator (NMLS 1701021) licensed in all 50 states with the Dan Frio Team at Allied First Bank (NMLS 203463), an Equal Housing Lender. Separately, Kyle owns Win The House You Love LLC, an education company. Win The House You Love LLC is not a lender, does not issue loan qualifications, and does not extend credit of any kind. This website is only for educational usage. All calculations should be verified independently. This website is not an offer to lend and should not directly be used to make decisions on home offers, purchasing decisions, nor loan selections. Not guaranteed to provide accurate results, imply lending terms, qualification amounts, nor real estate advice. Seek counsel from a licensed real estate agent, loan originator, financial planner, accountant, and/or attorney for real estate, legal, and/or financial advice.

Allied First Bank is not affiliated with the VA, FHA or any other government agency. This site has not been approved by any government agency.
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