Posted by christine mendenhall on November 02, 2006 at 19:27:34:
Scott
It is common practice for the bank to reject an offer with a verbal. If you are concerned that the agent is not submitting your offer, that is a different story entirely. You can request confirmation of your offer being received by the bank through a fax transmittal.
It is possible that the agent will tell you that they did not wait for the transmittal and therefore does not have one to present to you.
My advice, never, ever, use the listing agent as your agent. This is considered a dual agency position for the agent and as a dual agent the realtor becomes limited in their scope of work. Not only that, it seems unreasonable to think that the agent can get the highest price for the seller, while getting you the lowest possible price as the buyer. You have the right to have individual representation from an agent that is not working for the seller and it is always in your best interest to do so.
If you would like to submit another offer, just call another agent and request that they do so, you can insure that your offer has been presented by requesting your agent to get that fax transmittal from the listing agent.
C