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Accepted offer over bidding
Comments
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The estate agent could be lying.
It is not beyond the realms of possibility.
However, look at it this way. As far as the EA is concerned a sale has been agreed. What is the justification for potentially jeopardising the sale by inventing another party who has put forward a non-existent offer?
Presumably you think the estate agent is attempting to drive the price up by using a fictitious other buyer?
Estate agent fees are typically 1 - 1.25% of the property sale price. For every £10,000 the firm of estate agents would receive £100 - £125, and the individual perhaps 10% of that.
Hardly worth rocking the boat, is it?0
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