Jack Lewitz (IL Real Estate Specialists)

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Rainmaker
633,946
Kathleen Luiten
Resort and Second-Home Specialist - Princeville, HI
Kauai Luxury Ocean Home Sales

That the agent has received it. Nothing more than receipt. Professionalism and courtesy would have the agent communicating to you about the status and other offers.

Apr 01, 2016 06:58 PM
Ambassador
3,939,003
Jeff Dowler, CRS
Solutions Real Estate - Carlsbad, CA
The Southern California Relocation Dude

It's perhaps more "meaningful" when a listing agent does not acknowledge receipt

Apr 01, 2016 06:00 AM
Ambassador
4,298,642
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Jack Lewitz - it's just the acknowledgement....

Apr 01, 2016 04:41 PM
Rainmaker
212,595
Joy Bender
Compass - La Jolla, CA
San Diego Partner - The Private Client Network

Hi Jack all it indicates is seller's agent has it in hand. 

Apr 01, 2016 02:20 PM
Rainmaker
1,157,274
FN LN
Toronto, ON

It only means that the listing agent is confirming that the offer has been received.  Nothing more.

Apr 01, 2016 11:39 AM
Rainmaker
516,859
Hella M. Rothwell, Broker/Realtor®
Carmel by the Sea, CA
Rothwell Realty Inc. CA#01968433 Carmel-by-the-Sea

I always send a text when I have sent an offer via email (in fact, I contact the listing agent before even writing one up). And I always acknowledge receiving an offer on one of my listings. Most buyer agents text me to say it's on its way and, when I make sure I have received it, I answer the text that I have. All is common courtesy.

Apr 01, 2016 11:28 AM
Rainmaker
2,773,155
Kathleen Daniels
KD Realty - 408.972.1822 - San Jose, CA
San Jose Homes for Sale-Probate & Trust Specialist

For me, it means ... I've got it in my hand.  BUT, I never leave it at that. I always tell agents when I am presenting and when they will hear back from me.  If for some reason, seller needs to reschedule ... I let buyers agents know ... because it is the thing to do.  I don't like being kept in the dark ... so I don't keep others waiting and wondering. 

Apr 01, 2016 10:50 AM
Rainer
273,799
Curtis Evans
Cabin Realty LLC/ USA, Licensed in Louisiana - Golden Meadow, LA

Walk softly when dealing with this agent from now on. A lot of very good answers out there.

Apr 01, 2016 08:02 PM
Rainmaker
1,675,316
Larry Johnston
Broker, Friends & Neighbors Real Estate and Elkhart County Subdivisions, LLC - Elkhart, IN
Broker,Friends & Neighbors Real Estate, Elkhart,IN

No matter what, we must , as the Listing agent present ALL offers by law.  They are just saying that the Listing agent received your offer, meaning that it was presented to the seller.

Apr 01, 2016 01:15 PM
Ambassador
2,188,706
Debbie Laity
Cedaredge Land Company - Cedaredge, CO
Your Real Estate Resource for Delta County, CO

That stinks. It's too bad this agent didn't do you the courtesy of letting you know about the other offer. 

Apr 01, 2016 10:14 AM
Rainmaker
1,369,977
Michael Setunsky
Woodbridge, VA
Your Commercial Real Estate Link to Northern VA

Jack Lewitz It just means the agent received it. It is common courtesy to notify the buyer's agent the offer wasn't accepted in a timely manner.

Apr 01, 2016 09:20 AM
Rainmaker
3,778,788
Dorie Dillard CRS GRI ABR
Coldwell Banker United Realtors® ~ 512.750.6899 - Austin, TX
Serving Buyers & Sellers in NW Austin Real Estate

Real estate is local! It is a courteous thing to do to acknowledge receiving all offers and keeping all agents on the same level playing field. Explaining the strategy with the seller ahead of time can make things easier so you are on the same page with their wishes.

Apr 01, 2016 08:52 AM
Rainmaker
3,978,939
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

It only lets you know that he  or she has the offer.  This is partly why I like to present the offer to the sellers myself...with the agent their of course.

I have gotten several through where we were not the highest bidder because I was able to clarify some things on the offer right away.

Apr 01, 2016 07:58 AM
Rainmaker
1,220,347
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

When I acknoledge receipt and ask for it, it is simply that the offer is in my inbox.  Not that it has been presented.  They should have let you know that the offer was rejected though.  The delay was rude.

Apr 01, 2016 07:56 AM
Rainmaker
521,868
David Gibson CNE, 719-304-4684 ~ Colorado Springs Relocation
Colorado Real Estate Advisers LLC - Colorado Springs, CO
Relocation, Luxury & Lifestyle residential

Jack,
The listing agent is not a principal to the transaction. For the agent to acknowledge receipt is just that, the agent has it in hand. This is where quality relationships with other agents come into play. If you have the right relationship, listing agent is more likely to keep you posted on when the offer has been presented, other offers, etc.

Apr 01, 2016 07:21 AM
Rainmaker
990,591
Kevin J. May
Florida Supreme Realty - Hobe Sound, FL
Serving the Treasure & Paradise Coasts of Florida

Nothing Jack, it means absolutely nothing. I need it signed and delivered back before some comfort sets in along with a hefty down payment, already wired in of course.

Apr 01, 2016 05:55 AM
Rainmaker
1,244,899
Raymond E. Camp
Howard Hanna Real Estate Services - Ontario, NY
Licensed Real Estate Salesperson Greater Rochester

He at least could have called and said he had multiple offer's!

Apr 01, 2016 05:52 AM
Rainmaker
4,041,547
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

When I send my electronic offer, I always ask for them to acknowledge receipt.  Sometimes it takes a text and a call though.

Apr 03, 2016 03:37 AM
Rainmaker
3,271,496
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

He acknowledged it.  Your client didn't prevail -- I'm sorry. It would have been nicer to have more communication but stuff happens. Time to move on.  

Apr 02, 2016 01:40 AM
Rainmaker
1,026,929
Susan Haughton
Long and Foster REALTORS (703) 470-4545 - Alexandria, VA
Susan & Mindy Team...Honesty. Integrity. Results.

Acknowledging receipt is just confirming delivery.  A professional agent would be communicative, let you know when he is presenting and then follow up letting you know another offer was accepted - preferably doing all that without you having to hound him for the info. 

Apr 02, 2016 12:09 AM
Rainmaker
5,310,065
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

A call or email.

Apr 01, 2016 10:51 PM
Rainmaker
3,202,802
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

He or she has it. That is all!

Apr 01, 2016 10:01 PM
Rainmaker
4,432,093
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Sometimes the sellers do not respond for days and another offer might have come in.

Apr 01, 2016 09:31 PM
Rainmaker
3,016,232
Nina Hollander
Coldwell Banker Residential Brokerage - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

It means nothing more than that--that they received it and I would hope they presented it to their sellers, as that is the law. As far as I know, unless you asked for specific response by a certain date/time, there really is no obligation for listing agent to get back to you. It's nice and professional when they do... but that's a different issue.

Apr 01, 2016 08:58 PM
Ambassador
2,758,510
TeamCHI - Complete Home Inspections, Inc.
Complete Home Inspections, Inc. - Brentwood, TN
Home Inspectons - Nashville, TN area - 615.661.029

 Who knows what goes on in anybody's head.

Apr 01, 2016 07:34 PM
Ambassador
3,982,263
Debbie Reynolds
Platinum Properties - Clarksville, TN
Your Dedicated Clarksville TN Real Estate Agent

It only means he has received the email but not necessarily read the offer or intends to present it promptly. That depends on the integrity of the agent.

Apr 01, 2016 01:59 PM
Rainer
302,129
Melissa Jackson
Citiwide Alliance Realty - Weatherford, TX
Helping You Make The Right Move

I acknowledge by text or email that I received the offer and when they should expect to hear from me. 

Apr 01, 2016 01:50 PM
Rainmaker
1,523,577
Sybil Campbell
Long and Foster REALTORS® 5234 Monticello Ave Williamsburg, Virginia - Williamsburg, VA
REALTOR® ABR, SFR, SRES Williamsburg, Virginia

I think that was pretty unprofessional. I mean how long does it take to send a text or an email or pick up the phone?

Apr 01, 2016 01:40 PM
Rainmaker
916,317
Thomas J. Nelson, Realtor, ePRO, CRS, RCS-D
Big Block Realty 858.232.8722 - La Jolla, CA
& Host of Postcards From Success Podcast

Yep, you have to babysit your offers, I miss the live presentations of them, they were more work, but at least you knew.

Apr 01, 2016 10:09 AM
Rainmaker
3,102,899
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Have to say they will present them in order.

Apr 01, 2016 09:57 AM
Rainmaker
735,205
Jeff Pearl
RE/MAX Distinctive / LIC in VA - Lovettsville, VA
Full Service Full Time Realtor

That's a start. Next I try to tell agents when I'm meeting with sellers to present the offer, then usually I'll let them know whether their offer was accepted or not.

Apr 01, 2016 09:17 AM
Ambassador
4,110,738
Bob Crane
Woodland Management Service / Woodland Real Estate, Keller Williams Fox Cities - Stevens Point, WI
Forestland Experts! 715-204-9671

Probably means that they are thinking about it while shopping it out to someone else.

Apr 01, 2016 07:26 AM
Rainmaker
4,796,627
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

That's when the clock starts ticking.

Apr 01, 2016 07:25 AM
Rainmaker
750,578
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

It means I keep pressing.

And the press isn't over until the check clears the bank.

Apr 01, 2016 06:45 AM
Rainmaker
2,435,522
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

It could mean that this is the beginning of a beautiful relationship

Apr 01, 2016 06:44 AM
Rainmaker
291,517
Jack Lewitz
IL Real Estate Specialists - Evanston, IL

Lisa -Contract provide this information but it is not a requirement for agent to notify you of multiple offers. It is up yo buyer agent to ask but when I called the listing agent responded he received a much higher offer  which the seller was going to accept . Not the way I would do business but .., that's why I asked this question 

Apr 01, 2016 06:28 AM
Rainmaker
413,093
Lisa Heindel
Crescent City Living LLC - New Orleans, LA
New Orleans Real Estate Broker

Does your state have a requirement that all offers must be presented to the seller? In Louisiana, we have to notate all offers with date/time received and again with the data/time it was presented to the seller. 

Apr 01, 2016 06:23 AM