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I understand what you are saying here and it is perfectly valid. But one of the reasons people hire a BA is that they want you to, as Dazz puts it so eloquently, [qoute]screw the Vendor down with a G-clamp vice. and since they are paying my fees to do so, I do my best to comply. In a hot...

They want it. Get it. But if you have to pay silly money, then move on there are other properties to buy. But I am too tight (especially with OPM) to pay $540K if I don't have to.

Me too (if you hadn't guessed). At least you can actually see who you are up against, watch the body language, see if they need to get approval to spend more from their significant other and take appropriate action to put yourself in front.

I understand where you are coming from, but I still hate them. :p Here's an example I just went through this week: I have a client who wants to buy a unit. I find one that fits the bill and they want to make an offer. I do my research and work out that the place is worth $520K. But I also know...

Yes, it is common especially when the market is as hot as it is. Yes, it is legal. It is also called For Sale by Tender - same thing. I just had to do one, and I hate them. It is just a lucky dip which you cannot be sure you want to win, for fear of paying over the odds. I suppose in my...