geek84 Posted April 28, 2014 Report Share Posted April 28, 2014 Good Morning Folks I am thinking of purchasing a property which is on for sale, in the hope of letting it out to tenants. I am thinking of putting in an offer which would be below the asking price. Could someone please be kind enough to give me advice on the following questions: How can I be sure that the estate agent has passed on the offer figure to the owner of the property? How would I know that the owner has really accepted/rejected my offer? The estate agent could just say the owner has rejected the offer in the hope that I increase my offer figure? How can I find out what other prospective purchasers have put in as an offer and try to put in a higher offer? Thanks in advance for your responses. Link to comment Share on other sites More sharing options...
Richlist Posted April 28, 2014 Report Share Posted April 28, 2014 Under normal circumstances: 1. You can't be 100% certain. 2. You won't know. 3. You can't find out. There are exceptional scenarios where the above is not the case but I won't speculate. Link to comment Share on other sites More sharing options...
Dave A Posted April 28, 2014 Report Share Posted April 28, 2014 Estate agents should give your offer to the vendor, regardless of what they think of it, but all of the above apply. Dave Link to comment Share on other sites More sharing options...
geek84 Posted April 28, 2014 Author Report Share Posted April 28, 2014 Thanks folks Link to comment Share on other sites More sharing options...
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