ANSWERS: 1
  • If this was a "regular" sale, meaning, not a short sale, bank owned or foreclosure sale, you can avoid this call back by having your agent present the offer in person. Give the seller about 20 minutes to either accept, reject or counter your offer. The only reason they would need more time than that is so they can "shop" your offer. When an agent shops your offer, they call back all the other interested parties and let them know that an offer has been received. This is how you get "similar offers". The listing agent is trying to bid up the price and get the most money for their sellers. (That is their job.) As far as knowing whether the offer is legit or not, you probably will never know. You need to decide what price the home is worth to you and what price you are willing to walk away at.

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