estate agent not passing on higher offer

By : Forum Member
Published 3rd November 2011 |
Read latest comment - 6th November 2011

Don't know if any property or legal people here, but will ask anyway.

I saw a local property advertised on Tuesday which looks very cheap, phoned agent today to here an offer was accepted on Monday.

It turns out the property was marketed on Friday, one viewing on Saturday, sold on Monday.

I am on the mailing list of the agent but received no info (just saw it by chance on Tuesday)

The agents are refusing to accept or pass on any higher offers.

I thought they were supposed to act on the best behalf of the seller and pass on any other offers, anyone know if this is true,

Just to add, the property looks about 20% undervalued.

Thanks,
UKSBD
Comments
All seems slightly dubious, and I'd say they're falling foul of the Estate Agencts Act.

You could also see if the Estate Agent is a member of the Ombudsman for Estate Agents.

Good luck!

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