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It was on the Contract, signed by me along with the cheque .25% However the offer of quick settlement was not on the contract because the Agent told me it would make no difference, which I questioned. He also told me the other party was uncontactable and has been for some days, so I figured...

Makes perfect sense, In fact that is what I was told .. "The Vendors chose the other party because they have been dealing with them longer" My concern is that the Vendor was not told that I was cashed up, no finance required and an offer of a quick settlement(verbal, not in contract because...

Yes, you are right of course. My error. However, you didn't answer my question re my hypothetical, would you offer 875k or your planned 900k still, if "the" agent told you the Vendor will accept it? I assume that you would offer 900k still, but I want to hear you say it! :)

So your saying that, after 3 months of hard slog research you decide to buy and you have a price in mind, lets say for Example: $900k. Just before you put your offer in, your agent tells you "The vendor will accept $875k, exchange today" Then, you offer will be .... ??? With your logic...

Thanks for the replies and comments.

I was not given a chance at all. I made my offer, was told they would accept it, then told they had accepted it. Next thing Im told is that its sold to the other party. Ive never seen an offer that says Ill pay $xxxxx, but Ill pay more if you want me to? The truth is, I was prepared to pay more...

The agent I was dealing with is from the same agency, same office. So, I was with the listing "Agency" but NOT with the listing "Agent" Just thought Id clarify that. I'm wondering at what point is an agent NOT allowed to accept further offers/contracts? IS it once contracts have been signed...

I'd be interested in anyone’s opinions on something that happened to me on friday. This is the short version! I’ve been interested in a property for a few weeks. I have had two inspections and had a final look on Thursday. The agent I had been dealing with from the real estate agency (which...