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It depends on market conditions. I have also seen occasions where an offer without an expiry left for a month or two eventually accepted by a vendor created a great outcome. In the heat of competition though its usually best to even up the perceived urgency levels.

Yep, withdraw it. REA's do lots of different things to get deals to stick. Your job is to submit offers decisively. In this case that means all future offers should be strictly time limited. Yesterday I was the underbidder for a client at an auction for a small development site. We...