If you are thinking about buying homes for sale in South Lake Tahoe, you may be wondering how the entire process works. Working with a qualified South Lake Tahoe realtor is the best way to get an accurate break down of the process. However, the topic that seems to get a lot of questions is how the offer process works, what happens after and what happens IF you feel like the seller wasn’t presented with your offer? Wait-Can that even happen? Well, yes. It can. It isn’t super common, but in a seller’s market, the best thing a buyer can do is to write a competitive offer with the goal of winning the bid on real estate in South Lake Tahoe. So if you feel like you wrote a pretty competitive offer and you aren’t getting an answer on whether or not it was accepted, there could be a possibility that they didn’t even see it. NOW! It is important to know that as a general rule, all written offers must be presented and they usually are. With one exception: the seller may ask their realtor in South Lake Tahoe not to bother them with offers under a certain price point. Another reason why lowballing is not the way to go!
However, if your offer was decent, or even amazing, and you feel there is something more going on, there are a few things you can do.
- Always talk to your South Lake Tahoe realtor first. We know that buying homes for sale in South Lake Tahoe can feel overwhelming. Add in the waiting game on whether or not your offer was accepted and you may feel like you are waiting on pins and needles. If enough time has passed and you still haven’t heard, reach out to your realtor in South Lake Tahoe. They will best know how to broach the topic with the other realtor. Likely, if they are a long time and experienced realtor, they will know the other agent’s reputation as well as how to handle them.
- Ask for a rejection in writing. Your South Lake Tahoe realtor can navigate this one!
- If it turns out the seller didn’t see your offer, you can always report the agent to their brokerage. As this has some SERIOUS consequences, you should make 100% sure that you have a solid foundation for proceeding with this one. Once again, your licensed expert will be able to advise you on this one.
A few important things to consider in regards to this topic. A realtor in South Lake Tahoe acts on behalf of the National Association of Realtors AND their very strict code of ethics. Think everyone is a realtor with NAR? Think again. There are a lot of real estate professionals out there who are not members of NAR and therefor do not have to work according to the ethics they set forth as industry standard. Does this happen often? Thankfully, not too often.
The best thing to do in this scenario, is to move on. Reaching out to the seller directly is frowned upon (if they wanted to FSBO, they would have) and do you really want to continue a deal with an agent who has proved untrustworthy? Likely not. Luckily, your licensed realtor can help you see more homes for sale in South Lake Tahoe that matches your needs. We can also add this to the list of why you should always work with a qualified expert! Thinking of selling or buying real estate in South Lake Tahoe? Give us a call. We have plenty of experienced pros who can help you achieve your real estate goals.