About to exchange contracts, last minute offer from other buyer

Discussion in 'The Buying & Selling Process' started by ellik, 22nd Sep, 2018.

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  1. mojorising

    mojorising Well-Known Member

    Joined:
    1st Mar, 2017
    Posts:
    79
    Location:
    Gold Coast, QLD
    The only time I called a bluff on a claimed higher offer after a verbal acceptance of my offer I was wrong and the other offer was real and I lost the the place.

    I think false claims of offers are against RE agent rules but not sure.

    Hard to prove anyway.
     
  2. Scott No Mates

    Scott No Mates Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    27,256
    Location:
    Sydney or NSW or Australia
    These buyers missed out after offer had been accepted and documentation was being completed.

    Linky

    Is there a moral issue in the vendors accepting an offer, having the buyers filling out the paperwork and then accepting another $10k?