“As a homeseller, once I get an offer, how long do I have to respond?
***ANSWER:
Great question. You have as long as the buyer has given you in the contract, usually 24-72 hours.
BUT
I advise my clients that momentum is critical in every negotiation. If you make a homebuyer wait too long for your answer, they may still be looking and find another home to buy instead of yours.
So I suggest you respond quickly, unless you know another offer is on its way, in which case you probably want to see the second offer before responding to the first one.
Free Guide on how to Sell Your San Diego Home