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#415777 - 11/16/12 03:02 AM realtor & seller unavailable to look at offers
modman Offline
Junior Member

Registered: 11/16/12
Posts: 3
Loc: USA
Someone pls tell me if I am thinking clearly about this. I have a buyer who wants to make an offer on a property. She should be ready to make the offer by Saturday. The listing realtor told me yesterday that she is leaving town this Saturday for the holidays and won't return until Mon 11/26 (9 days). I asked who would be covering for her so I would know who to submit my offer to. She told me that the seller would be out of town the same dates so they wouldn't be able to respond to an offer until 11/26. I'm questioning alot of things but mainly whether or not my buyer is being treated fairly. The listing realtor said the property will remain 'active' on the market while she is away. I believe it should be changed to a status of 'temporarily off market' since it isn't really available for offers. My buyer needs to close before Christmas and since lenders need appr one month to process the loan, this might require her to look for another property. Not to mention that other offers could come in during this period and then we would have competition which seems unfair to my buyer since she is basically ready to move forward. It seems wrong that my buyer would suffer in this day and age when it is so easy to respond to offers via email, etc. Does anyone have an opinion on the 'temporarily off market' idea? Is it possible there could be a local MLS guideline for this? My broker wasn't able to help me. On top of all this, I hesitate to say anything to the listing realtor because I don't want to start off in a negative manner and possibly jeopardize by buyer's deal. Many thanks.

#415814 - 11/16/12 09:44 PM Re: realtor & seller unavailable to look at offers [Re: modman]
Dodger52 Offline

Registered: 10/14/11
Posts: 266
Loc: Montana
Your MLS rules and regs probably address this situation, I would check there to see how they handle it. If you buyer wants to write and the listing "agent" is not available, contact the LA's broker. If he/she can not help you, you need to choose a different home. I would bet the LA's broker would reassign the listing or handle it themselves rather than lose the transaction.
Dodger52 (Chris)
Prudential Montana Real Estate

#415826 - 11/17/12 04:14 PM Re: realtor & seller unavailable to look at offers [Re: modman]
DueDiligence Offline
Major Contributor

Registered: 12/05/06
Posts: 1635
Loc: Wild Wild West
My take is that the property, during the time the sellers are out of town and/or the LA is out of town, is not "temporarily off-market". It is still actively for sale, BUT the response time for an offer during this time may be longer.

You should submit your buyer's offer. Submit via email to the LA and submit a copy to the LA's broker, call the LA's broker, or see him/her in person and explain the situation. Ask the LA's broker if he/she can handle the offer in the LA's absence. If the LA's broker says the offer presentation to sellers will have to wait until the sellers and/or LA are available, you've done what you can to get the offer to the seller's representatives.

Thereby, your offer is "in".

Of note, sellers can always gather offers if they so choose. There can always be competition. It's entirely up to the sellers.

#415829 - 11/17/12 05:06 PM Re: realtor & seller unavailable to look at offers [Re: modman]
Mike Burchyett Offline

Registered: 05/21/12
Posts: 183
Loc: Nashville, TN
Dodger is right on here, IMO. The listing technically belongs to the broker, not to the agent. If the agent is unavailable or unwilling to submit the offer in a timely manner, then contact the listing broker. I can't imagine with all the technology we have available today that there isn't a way for the sellers to look at the offer, and they're likely unaware of what the listing agent told you. I receive offers via email and use Docusign so my clients can electronically sign.

#415835 - 11/18/12 12:21 AM Re: realtor & seller unavailable to look at offers [Re: Mike Burchyett]
SoFLBroker Offline

Registered: 04/20/07
Posts: 174
Loc: Florida, Treasure Coast
You may want to simply look at this as an REO, wherein the bank says, "No offers will be reviewed for x number of days.

Nowadays, being first in, is not an advantage like it used to be!
Selling Foreclosures from the Treasure Coast to the Palm Beaches!

#415844 - 11/18/12 04:38 AM Re: realtor & seller unavailable to look at offers [Re: modman]
Scintillion Offline

Registered: 01/26/12
Posts: 437
Loc: Colorado, USA
Holidays slow down so many transactions. I have a friend who got delayed more than 10 days recently on a big closing - but glad that his deal is going through soon. Good luck getting it together.

#416366 - 12/02/12 06:44 PM Re: realtor & seller unavailable to look at offers [Re: modman]
Malok Offline

Registered: 08/18/07
Posts: 441
Loc: Kentucky - in a barn!
Everything seems to take a lot longer now than it used to. A "normal" deal (if there is such a thing) can take 45 to 60 days typically. It used to be fairly easy to get a deal done in under 30 days.

#416391 - 12/02/12 08:02 PM Re: realtor & seller unavailable to look at offers [Re: modman]
cartert Offline

Registered: 04/14/12
Posts: 157
Loc: Saskatoon, Saskatchewan, Canad...
Like a poster above me said, the listing technically belongs to the brokerage and not the actual agent. It is that agent's duty though to make sure the seller sees the offer before it expires. I would contact the brokerage and ask them how they would like to proceed, if they are unhelpful contact the local governing board that deals with the agents and brokerages.

#419092 - 01/26/13 02:36 AM Re: realtor & seller unavailable to look at offers [Re: cartert]
Joette Fielding Offline
Junior Member

Registered: 01/26/13
Posts: 1
Loc: Oakville, Ontario, Canada
I completely agree with the previous posters. In this day and age, if a listing agent is not willing to make himself available, then I would contact their broker. But there might be something else going on here... It seems the agent is not being 100% forthcoming with you. If you seller needs to close by a certain date, and this agent is unwilling to accommodate that... Then you have to explain the situation to your client and move on.

Modman, hope everything turned out for you in the end.

#419793 - 02/07/13 06:52 AM Re: realtor & seller unavailable to look at offers [Re: modman]
jasminewilliams Offline
Junior Member

Registered: 11/27/12
Posts: 2
Loc: CA
I also agree with previous posts,listing agent is not willing to make himself available,They make always excuses

#419811 - 02/07/13 04:50 PM Re: realtor & seller unavailable to look at offers [Re: modman]
Kjmendy Offline
Veteran Member

Registered: 05/17/10
Posts: 935
Loc: London, Ontario
I am impressed that your local market so hot that sellers can turn down offers?

I would probably have encourage by client to keep looking, since this is often the sign of unmotivated sellers.

How did this end up turning out?


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