Q: Is there any law in Delaware that states how long The LISTING Agent can HOLD an OFFER TO PURCHASE BEFORE PRESENTING?
I have made several offers to Purchase Real Estate and it seems these agents Hold onto these offers until something else comes in. I was under the impression that " TIME IS OF THE ESSENCE "
A: It is impossible for anyone to find out if a Realtor is withholding offers, much less find out how long and the reason why. Think this all the way through: It could very well be that the seller has made it clear they will not accept any "low-ball" offers; and so the Realtor may be holding them--in some order--to have them on hand if (or when) the owner comes down far enough in their sky-high asking price to change his mind and want to see them.
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