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  1. Piston Broke

    The Ethics and Legalities of Gazumping

    First, happy to have helped if i did. Second i really dont know why you would feel bad about someone who tried to rip you off being upset. Most of us would've probly gone out our way to make him much more upset for the honour. I guess I would've sold it to someone else and left him hanging...
  2. Piston Broke

    The Ethics and Legalities of Gazumping

    Absolutely not! And after any type of bullying you should immediately cease the conversation, add $30k to the original price and say "let me know when you have 20% deposit and ready to sign the unconditional contract. Goodbuy". He's stuffing you around. And btw it's not you who guzumped him...
  3. Piston Broke

    The Ethics and Legalities of Gazumping

    I agree with you RS on your stance. But, everyone know the rules & laws on gazumping, and REAs always use it to extract the best offer. So buyers really can't plead ignorance, and until signed contracts have exchanged, the deal is not formalised. So I would say the best thing to do if the offer...
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