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Can an estate agent lie about a rival bid?

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  • harrys_dad
    harrys_dad Posts: 1,997 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    "Estate Agent" and "liar" in the same sentence is usually a tortology.
  • gnvqsos
    gnvqsos Posts: 291 Forumite
    harrys_dad wrote: »
    "Estate Agent" and "liar" in the same sentence is usually a tortology.


    The term is tautogical-or perhaps you are a legal expert?
  • DRP
    DRP Posts: 4,287 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    gnvqsos wrote: »
    The term is tautogical-or perhaps you are a legal expert?


    ...or even 'tautological' :D
  • kwmlondon
    kwmlondon Posts: 1,734 Forumite
    From my experience I really don't get the whole animosity towards estate agents. I've never had any trouble with them - it's the overpaid, pain in the butt solicitors who have caused every damn problem I've experienced in buying and selling.
  • harrys_dad
    harrys_dad Posts: 1,997 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    gnvqsos wrote: »
    The term is tautogical-or perhaps you are a legal expert?

    You win the prize for almost accurate pedant of the week, well done!
  • I think the current regulation allows estate agents to lie and distort the housing market.

    It is currently not compulsory for Estate Agents to publicly disclose the offers that are made for the purchase of a property.

    This lack of transparency means Estate Agents could potentially create fictitious offers in order to force real buyers to rise their bids.

    That's why I created an HMGovernment e-petition: "Offers to buy a property through estate agents must be public":

    epetitions.direct.gov.uk/petitions/63954

    Please sign it and share with friends.
  • lincroft1710
    lincroft1710 Posts: 18,931 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper

    That's why I created an HMGovernment e-petition: "Offers to buy a property through estate agents must be public":

    epetitions.direct.gov.uk/petitions/63954

    Please sign it and share with friends.

    I don't agree with your petition, so I haven't signed it.
    If you are querying your Council Tax band would you please state whether you are in England, Scotland or Wales
  • googler
    googler Posts: 16,103 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    I don't agree with your petition, so I haven't signed it.

    Why do you disagree ...?
  • lincroft1710
    lincroft1710 Posts: 18,931 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    If I make an offer on a property, I want it kept between myself, EA and vendor. If I do buy it then the whole world will find out eventually, but until then it is my business. Also I'm against more rules and regulations than are necessary.
    If you are querying your Council Tax band would you please state whether you are in England, Scotland or Wales
  • jrtfan
    jrtfan Posts: 1,135 Forumite
    Seventh Anniversary Combo Breaker
    Can EAs lie about bids?

    Yes.
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