The Bid is in
First of all screw the real estate industry for having the wrong terminology. You don't put an offer out to buy something, you bid on it. You offer to sell something. Having worked in trading for 7 years now, it is a pet peeve of mine.
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Anyway, we did end up putting a bid on the house on Elston Street. It is low and optimistic at best, but I am more interested in seeing what/if we get for a counter offer to see if we are in the ballpark with this place.
Friday July 1st is when the seller has until to reject, accept, or counter our proposal. Now the waiting begins. Personally I wish it was more like my industry where I could be face to face and pound out terms and price in seconds instead of days... yawn.