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How long do we give a seller to respond to an offer?

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Comments

  • bertiewhite
    bertiewhite Posts: 1,904 Forumite
    1,000 Posts
    This is only me but I knew what I would be willing to drop to when I sold my house so even factoring in work, etc - the longest it took me to accept/reject offers was half a day.
  • ReadingTim
    ReadingTim Posts: 4,086 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    To a certain extent how long (or short) a deadline you give depends on how willing you are to go through with whatever "threat" (for want of a better word) you're giving if they exceed that deadline. So what are you going to do if they don't respond by the end of tomorrow?

    Personally, factoring in weekends and the other pressures on people's time, I don't think anything up to a week is unreasonable, although towards the end of that time I would be keen to know whether the offer has actually made it to the vendor and is under active consideration, or if not, when a decision is likely to be made regardless of whether it's the one I want or not.
  • Davesnave
    Davesnave Posts: 34,741 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    martindow wrote: »
    Are you sure it's the same glass? He might have been knocking back pints for hours.
    Or it might be the one he keeps for the shots and IRL he's a whisky and water man.
  • jaelato1
    jaelato1 Posts: 139 Forumite
    Fourth Anniversary 100 Posts Name Dropper
    I think every seller have a figure in mind and If as a buyer I am hitting close (or not) to that figure then it shouldn't (Few hours IMHO) really take long to accept or decline.
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