Hi Team,
Had similar experience on Sunshine Coast. We have learnt from experience now that we should have put a time limit on the offer. Put an offer in in the morning only to have Agent come back that evening telling us there was another offer amd we would have to go through this multi offer rigmarole. Didn’t hear anything next morning so secured another unit with another agent we felt more comfortable with (cost us more $s though). We contacted the first agent to be told he was still waiting for a response from the owner and then finally called to say we had missed out – funny though, it appears the same unit is still being advertised on the internet, four weeks later. Also had another bad experience when we found a house we liked. We looked at it on Monday at $430,000, then called the following morning to be told it had dropped in price by $30,000 so we asked for another inspection. Time for inspection was arranged but while talking to the Agent, she indicated she had some interest in buying the property herself but her bank manager had told her she didn’t have enough cash. Ten minutes before our inspection was due she called back to say the property had been sold and the contract was in the process of being signed. We asked if we could also have an opportunity to put in an offer but she carried on about the privacy act and how she could be fined $20k if she gave out any information.