🐠 buying in a very hot market. when your offer didn't get accepted, does the seller agent just ghost you? Found out house went contingent on Redfin and still didn't hear back.

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Do you have a buyers agent? The selling agent should at least let you know the offer wasn’t accepted.

Probably. I’m guessing the selling agent updated the MLS before notifying the other buyers. Not very professional but happens a a lot.

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Also, can you share details on your offer? What was the list price, what terms did you offer, etc.? I can provide some perspective on where you may have fallen short.

For states that have both DD and Earnest, we’ve seen most people flip heavily to the DD side since that is non-refundable. Agreed Earnest may have been a little light in this situation. Even just 3 years ago, 1% total DD/EMD was common, but now we’re seeing close to 10% in some situations. It won’t always be a sellers market and we’ll see those numbers go back down.

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Selling agent probably updated on MLS before notifying your agent. Agent will likely tell you the next day

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