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Your call to make, either you don't believe him and you may miss out or if he was you are in a strong negotiation position as you would be able to assume there is no other buyers. or You do believe him and put an offer in, however if I put an offer in what would stop him from going to the...

They shouldn't be as it is against the privacy act as you are not part of the transaction between the vendor and that purchaser. either 1 the REA is lying or really stupid as he would have to disclose your price to the other party (thus doing the wrong thing again) and at the end of the day...