Posted by Kenetra on May 09, 2007 at 01:44:03:
I would simply call the broker for a status update and definitely in the future include a deadline clause so you’re not sitting around wondering about the deal.
Posted by Kenetra on May 09, 2007 at 01:44:03:
I would simply call the broker for a status update and definitely in the future include a deadline clause so you’re not sitting around wondering about the deal.
Offer to purchase - expiration? - Posted by offertopurchase NY
Posted by offertopurchase NY on May 07, 2007 at 09:35:46:
We submitted an offer to purchase a building about a week ago.
The owners broker hasn’t given us any feedback yet. My question… What is a reasonable amount of time in which to respond?
In the future should we include an offer expires in
____ days clause? Let’s say 5 days or something reasonable.
We appreciate any advise. Thanks.