03 Aug So frustrated at putting in over asking offers and having sellers not respond before offer deadlines
Update- listing agent contacted our agent and said they’re deciding between our offer and an older couple’s. They said they prefer us because we are young and starting out, and they liked our letter. They haven’t made a decision but they asked us if we would double our earnest money (10k) and we said yes. Not sure if this will do it, but hopefully it helps.
Like most places, right now I’m looking to buy my first home in a hot market. I’ve been looking for 6 months, looked at a bunch of homes and put in probably 6-7 offers at this point. We’ve given asking or a little above and nothing.
Just put an offer on a perfect house that we caught on it’s first day on. We offered our max that we can afford right off the bat which is 5k above their asking. We are also willing to do an escrow repair for the septic when they told us they needed a buyer that’s willing to work with them.
Since it’s a hot market and they get multiple showings and offers, my agent suggested putting in a deadline for the offer. It was yesterday at 6pm and didn’t hear a peep besides the listing agent asking us to change one of the addendums to word it better. We did that, and sent it back signed.
I get it. They’re trying to get the most they can for their home, and I would probably do the same the other way around. But I’m so tired of putting in a good offer (good down payment, conventional, good earnest) and just being shrugged at and left on the back burner. I’m slowly losing my mind and my SO is getting close to giving up on this area.