Hi Ya,
I put in a strong offer on a property yesterday and had the offer presented to the vendor. They officially didn't have their open inspections until today so they wanted to wait till then before accepting the offer......thats fair enough.
My offer was 570k.
Now the agent ran me recently and said they had a couple of offers around
550k and one emotional family put an offer in at 565k.
He then tells me that he told the family "No thankyou we have had a better offer and I cant accept the offer. We will need a better offer to present to the vendor"
So now apparently they have come up with a slightly higher offer and he has come back at me to present a better offer again. So he is trying to auction us off.
I told the agent I will withdraw my offer at 5.30pm today.....he hung up on me pretty quick.
I am sure this is not normal practice. I presumed you would just present all offers.
Thoughts?
I put in a strong offer on a property yesterday and had the offer presented to the vendor. They officially didn't have their open inspections until today so they wanted to wait till then before accepting the offer......thats fair enough.
My offer was 570k.
Now the agent ran me recently and said they had a couple of offers around
550k and one emotional family put an offer in at 565k.
He then tells me that he told the family "No thankyou we have had a better offer and I cant accept the offer. We will need a better offer to present to the vendor"
So now apparently they have come up with a slightly higher offer and he has come back at me to present a better offer again. So he is trying to auction us off.
I told the agent I will withdraw my offer at 5.30pm today.....he hung up on me pretty quick.
I am sure this is not normal practice. I presumed you would just present all offers.
Thoughts?