Uh-oh. You failed to present an offer on behalf of your client in a timely manner. As a result, the seller accepted a lower offer from another buyer. You could be sued for Negligence.
Negligence (Lat. negligent)[1] is a failure to exercise appropriate and/or ethical ruled care expected to be exercised amongst specified circumstances.[2] The area of tort law known as negligence involves harm caused by failing to act as a form of carelessness possibly with extenuating circumstances. The core concept of negligence is that people should exercise reasonable care in their actions, by taking account of the potential harm that they might foreseeably cause to other people or property.
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