Acceptance Deadlines in the Colorado Real Estate Contract

The Acceptance Deadline is the time your offer is expires…so you’d think Sellers and listing agents would be really interested in responding in a timely manner, right? Maybe. I cannot tell you how many real estate agents do not response by the Acceptance Deadline, and just hope that the Buyer will be willing to later modify the Acceptance Deadline if the Seller is interested in pursuing the offer. Part of the reason lately (in hot markets like Superior, Bouder, Broomfield, Highlands Ranch, Golden, Denver, and Louisville) is that one offer will attract another (second) offer and they “need” more time to consider both. Risky business if you ask me, but that’s the way how Colorado real estate has been working out there lately.