You’ve submitted your initial offer. You’re waiting to get the response from your realtor as to what the sellers response is. Your realtor calls, they tell you your offer has been rejected. What now? Here’s a couple of items you’ll want to make sure happens. Realtor follow up.
When you get the rejection ask your realtor for a copy of the rejection page for your records. You want to make sure you have some record for future reference, and just in case the seller drops the list price of the property and you decide to re-submit an offer on that property. The other thing you want to have your realtor do is make a call to the listing agent to discover why your offer was rejected. By getting this information, you’ll be able keep a pulse on the market, which will allow you the opportunity to make better and more refined offers in the future.
You’ve submitted your initial offer. You’re waiting to get the response from your realtor as to what the sellers response is. Your realtor calls, they tell you your offer has been rejected. What now? Here’s a couple of items you’ll want to make sure happens. Realtor follow up.
When you get the rejection ask your realtor for a copy of the rejection page for your records. You want to make sure you have some record for future reference, and just in case the seller drops the list price of the property and you decide to re-submit an offer on that property. The other thing you want to have your realtor do is make a call to the listing agent to discover why your offer was rejected. By getting this information, you’ll be able keep a pulse on the market, which will allow you the opportunity to make better and more refined offers in the future.