This is perhaps the most stressful period in the entire home buying process. You have finally found the perfect home. It has everything you need and most of what you want. Your agent submits an offer on your behalf for just under asking price. Now, you wait. The seller controls the situation at this point as they have the power to accept or decline your offer but don’t panic. Your agent will keep you in the loop and will let you know the moment good news arrives.