I lost out on the first deal I seriously looked at because, while I thought I was moving expeditiously once it was listed, other buyers had come out of the gate with LOIs. I took a day or two with the CIM and asked the broker a few questions. Then when I asked the broker about meeting the seller, he told me I was eight in line, and the seller wasn't taking any more meetings.
How quickly do other searchers move on an LOI? Have others had the same experience?