how long should you expect to wait for a response to an offer?

[wannaBe]

Have found a house that we like and I put in an offer this morning. The agent said that he didn't think she would accept as "she's had higher offers which were rejected," but would put it to her and get back to me.

In the past when I've offered I've always had a response back almost straight away, so I'm not used to waiting for an answer. Also, when we've arranged viewings with this buyer these hae been confirmed fairly quickly, so can't help wondering what's happening.

So do I chase the agent? and if so after how long? Or do I just assume after a certain period that she's not willing to negotiate on her asking price? And if so after how long?

eeeeeeeek.

I have no answer but am sharing your pain. In exactly the same boat - and I'm really shite at waiting for things to happen. I want to know NOW

Maybe hard to get hold of because of the school hols or something.
Call the EA again tomorrow morning if yu have heard nothing.
They are obliged to put every offer to the vendor.
I hope you get it!
Could you go higher? Ask the EA what is the highest offer that has been rejected so far.

stanausauruswrecks it's frustrating isn't it? thing is we've got our buyers on our back threatening to pull out if we don't move quickly so I'm feeling under pressure.

bleachedWhale yes we could - I offered a low-ish amount (8% below asking price) with a view to being able to increase some should that be rejected, but I'm not going to go to the full asking price, but would just like to know one way or another iyswim.

As you have a buyer then you are a good prospect as you are proceedable. Others, although offering more, may not be able to close the deal. The saying, "A bird in the hand is worth two in the bush" springs to mind. If that is the case, the EA should have informed the vendor of that and advised them to consider it carefully. Vendor may have to argue consult with someone else before getting back. Do not panic, they will smell blood.

Oh, and bye the way, keep looking (through the same EA) make appointments etc.

no news. still looking, although nothing else to look at atm.

Maybe they are away - though it would be odd not to be in contact with the agent if she's had a recent viewer, I agree.

24 hours later and we still have no response. . Grrr I hate waiting!

Hassle the sh*t out of the EA. Maybe not PC but in my experience tends to work. No need to be anything other than charming but certainly persistent.
Also let it be known that you have another property you will proceed with if vendor does not get back to you ASAP.

Mind games are not a one way street remember.
Good luck to you all !

Would you consider renting if you did not get this property? I ask becuase you have a buyer and would then be in a very strong position next time round.

My parents have been waiting since Thursday! It's someone who has died so offers are going via two different parties who have to agree so we think that's what the hold up. They are chasing up tomorrow though

Any news?
My parents are still waiting but for a cheeky offer they feel it may be a good sign they are considering it

first offer was rejected. So upped the offer and yesterday had a call to say the husband had been out of the country but was now back so hopefully an answer would be forthcoming. The agent implied though that while the wife was more open to our offer, the dh was more likely to hold out for asking price (which he won't get out of me).

Have heard nothing back, but have made appointments to view more houses on Monday. If one of those is right then I'll withdraw this offer, can't be doing with games.

Drift yes I would consider renting but I have animals and tbh it's almost impossible to find somewhere that will take them.