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Unless it was forced by legislation (which aint going to happen IMO), then that would never be the case. Sellers won't collude to make buyers do more work - they will try and make it easy for them (provide info) in the hope of gaining an advantage (buyers following up their ad).The average...

Just to go back to James/Dazz's post re due diligence, I think there are 2 different sorts of due diligence here. One is knowing your market well, so that one can put an accurate worth on a particular property. Two is doing your due diligence so you know everything about a particular property...

True, but how much due diligance do you want to do? A blurb of advertising and a few low res images doesn't tell you much. Is that place worth $300k or $400k? You might have an idea from the address, if it is provided, but with many ads you'd have to phone or visit to get even a rough idea...

It isn't just having a named price. It is also being able to negotiate and compete with the seller and other buyers. #5 in traditional form leaves you in the dark regarding competition and any further negotiation etc. Do you like #5 if a buyer? I think the seller may as well nominate a...

Be a nice money spinner for you wouldn't it ;)