u/edzzz1223

Drafting an Offer

Hi, how long does it take for a realtor to draft an offer? I've been reading things online that say it takes 30 minutes. Is this true? My realtor supposedly started drafting it yesterday but I haven't heard back since. I don't want to lose out on an opportunity if this isn't the norm. Last word I heard from them was that there is no rush.

Thanks

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u/edzzz1223 — 6 hours ago

Realtor Response Time

Hi,

About two months ago I put in a verbal offer for a asset purchase (lease takeover + equipment) I was interested in but the sellers said no because they claimed my offer was too low and they didnt want to entertain it. So I told my realtor to reach out if they're ready to accept in the future. I'm not going any higher.

Two days ago, the realtor reached out to me and asked if I was still interested. She said they are very motivated to sell and are willing to review any kind of offers. I told her does the offer from last time still stand? She said she will "do some analysis," her exact words, and I haven't heard from her since. It's been way over 48 hours.

Do realtors usually take this long to respond or should I reach out tomorrow before the weekend comes? Should I have requested to put in a paper offer? It's my first time doing this and I thought my realtor would've been more responsive since she was two months ago.

Any suggestions are appreciated! Thanks.

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u/edzzz1223 — 1 day ago

Hi,

I'm interested in buying a small family owned grocery store. The listing has been active for 2 months already. They originally listed at 450K and it has come down to 398K now. They're only selling the lease opportunity and their shelving basically. No stock.

The sellers realtor stated that they would only be interested in accepting an offer if it is over 200K.

The listing claims they did 500K in renovation and make over 500K a year.

They have rejected our first offer at 120K but we feel like that's how much its worth.

We had a regular realtor (not business broker or commercial realtor) come with us the first time but we want to try and approach them one more time before we totally give up on this opportunity.

The question I have is should we approach them again with the same realtor and leave in a written offer this time? Last time we only gave a verbal offer and they rejected us right away. Or should we wait until another month passes by and then reach out again?

Thanks

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u/edzzz1223 — 18 days ago

Does anyone have any experience navigating the healthcare system for a family member with mental health issues being discharged from hospital with no housing, no income, and limited supports within York Region.

They've just been admitted last week. Doctor said family member is still experiencing delusions currently but they're set for discharge next week which worries me a bit. They assumed the family member would have a place to stay once discharged. I told the doctor they'd be homeless.

Patient has been deemed incapable of making decisions and a CTO has been ordered.

I’m currently waiting to hear back from a hospital social worker still.

Thanks!

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u/edzzz1223 — 18 days ago

Hi,

I have a family member that has been admitted into the psych ward at a hospital currently under a Form 1. The hospital says that they will be admitted for 2 weeks minimum currently after being Form 2.

The hospital did mention that when they will be discharged, they will be under community treatment order (CTO). I wanted to ask how CTO usually works and that if this family member doesn't have anywhere to live, will the hospitals/ social worker be able to put them in a group home/ find them a place to live? Will the social worker also help with their finances to support themselves?

They have a history of not taking meds and becoming bipolar and manic with delusions/paranoia after a few weeks once they are discharged. They've been hospitalized multiple times but the first time CTO has been ordered.

I did try to ask if we could talk to a social worker to learn more but they said its still early to ask.

Appreciate any insights! Thanks!

reddit.com
u/edzzz1223 — 23 days ago