After the property failed to reach the reserve price at auction, our agent was negotiating the price with an interested party. He rejected the offer without consulting me as he thought the price was low. I was prepared for negotiation and the offer was in my range.
All that happend at the end of November last year. Since then I did’t have any offer close to the original one. The agent suggest to lower the asking price due to the slow market.
What is his/real-estate agency’s responsibility in this case. Your thoughts and advice are welcomed!
get a new REA
Find another REA.
Also, is there a chance of contacting the potential buyer who placed the offer in November? Perhaps you could knock-out the middle man and reduce your selling costs.
Cheers
Jamie
Jamie Moore | Pass Go Home Loans Pty Ltd
http://www.passgo.com.au
Email Me | Phone MeMortgage Broker assisting clients Australia wide Email: [email protected]
has the agent admitted that he didn’t pass on this offer? Was it evidenced in writing? You may be able to seek some disciplinary action or redress via the oft or vcat.
Bad experience! you should consider hiring a new agent. which agency was it?
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