There is not a standard answer to this question. A purchase offer will have a “life.” The “life of the offer” can vary from 12 hours to 3 or 4 days. There are many circumstances that can affect the length of the “life of the offer.” Acquest will be able to provide insight as to how long of a “life” to give to your offer. If you’re looking to purchase a home/land that is newly listed and the possibility of multiple offers exists, a shorter life is recommended. If the home/land you’re looking to purchase has been on the market for 3 months and the seller is located out of town, a 3-4 day “life” maybe necessary and/or recommended.