2 ms·
> my recollection from buying a house (even in the buyer's market of 2008? or 2009? eh), was that the seller had 7? days to accept/reject The expiration of the
by awb 6y ago
> my recollection from buying a house (even in the buyer's market of 2008? or 2009? eh), was that the seller had 7? days to accept/reject
The expiration of the offer is determined by the prospective buyer. You can write an offer that expires in 1 hour if you wanted to. But most people do say 1 week.
> so sellers now should be able to just accumulate a pile of offers, i'd think, before having to reject any?
Yes, most sellers here collect sealed offers for 1 week and then review them all at once. It's rare to have a house with no issues not accept an offer after 1 week. Some sellers even choose to just list for a weekend though. It's insane.