How long did it take to get an answer to your offer?

[redbeard]

This is really going to depend on the market.  In a sellers market, the seller is going to wait as long as practical to see if a better offer comes in.  In a buyers market, they accept (or counter) faster.

Last house I sold, I had 10 offers in a weekend, waited a few days to get the other 3 that agents said were coming, then chose on Wednesday.  Clearly a sellers market.  Of course, if you turn around in buy in the same market, its hard to get your offer accepted.

Dan

[IOBA]

I am in the same area (DC/MD/VA metro area).

I have been told that in August, the real estate market is at an all time low around here.  People who bought earlier in the summer are closing/moving.  People who sold are moving.  People go on vacation.

I was told the market picks up again about the 3rd week in Sept through November.  Those who didn't fidn the right property earlier start looking again, after taking a break.  Those who think they should hurry up and buy before year end get out there and start hard core looking.

I missed the spring/early summer market due to things not working out with the realtor.  On the hunt now for another realtor and hoping to catch the fall market.

Hang in there!

[Anonymous]

Good luck to you both!!

[tgrantly]

I missed the spring too. Seems like as soon as July hit everything dried up. I'm hopeful