In America, does a real estate agent have to submit ANY bid to a seller?

**thumos33** · 06-19-2011, 09:10 AM

I'm thinking about submitting a ridiculously low bid on a home that has been on the market for a while.

**godged** · 06-21-2011, 12:02 AM

No, the seller can indicate that they do not even want to see or hear about bids under a certain amount. I am working with a bank right now that has this policy, the asset manager will not waste their time even responding to a ridiculous offer.

And I have had sellers say that do not want to be contacted with very low offers because they do not want to get upset and offended.

Some agents will not even write the ridiculously low offer. There is an agent in my area that has a client that makes stupid low offers and she keeps writing them.

But there are no shortage of tales where a ridiculous offer was accepted, so I guess it happens or people just like the stories.

**TOP GUN** · 06-23-2011, 12:02 PM

A Earnest Agreement to puchase signed by a buyer plus earnest money. must be submitted to the home owner for approval or disapproval or a counter offer by the seller, Most Real Estate Agents are told by the seller on what they expect to receive in a offer and non less. Don't waste a Realtors time with a low ball offer. If you do have about $10,000 as earnest money then they know you are a serious buyer. Or do your tire kicking elsewhere and waste someone else's time.