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Estate Agent Query - Calling His Bluff

  • 24-04-2013 2:51pm
    #1
    jocotty
    Closed Accounts Posts: 338 ✭✭


    Hi,

    I am wondering - if an estate agent says he got an offer on a house, which was higher than yours, can you legally request that he sends you proof of this offer?

    Jo
    Tagged:


Comments

  • #2
    Cathmandooo
    Registered Users, Registered Users 2 Posts: 17,324 ✭✭✭✭Cathmandooo


    What sort of proof do you expect to get?

    An offer can be and is usually done over the phone


  • #3
    ABajaninCork
    Closed Accounts Posts: 8,411 ✭✭✭ABajaninCork


    The estate agent can tell you anything he likes! I wouldn't take their word for it either.

    Leave your offer on the table. Look at other properties, and be prepared to walk away if you have to.


  • #4
    P. Breathnach
    Registered Users, Registered Users 2 Posts: 12,089 ✭✭✭✭P. Breathnach


    jocotty wrote: »
    I am wondering - if an estate agent says he got an offer on a house, which was higher than yours, can you legally request that he sends you proof of this offer?
    That is equivalent to asking your opponent in a game of poker to show you his hand before deciding how to respond to his bet. You have no enforceable right to ask, and no chance of getting an answer.


  • #5
    by the seaside
    Registered Users, Registered Users 2 Posts: 389 ✭✭by the seaside


    jocotty wrote: »
    Hi,

    I am wondering - if an estate agent says he got an offer on a house, which was higher than yours, can you legally request that he sends you proof of this offer?

    Jo

    You can certainly request it but he will probably refuse.


  • #6
    Woodville56
    Closed Accounts Posts: 1,643 ✭✭✭Woodville56


    Cathmandooo wrote: »
    What sort of proof do you expect to get?

    An offer can be and is usually done over the phone

    For something as important as making an offer for property I would imagine that all offers should be documented (email even) and an acknowledgment of the offer requested from the EA by return. Of course, an offer in writing should have the usual caveats entered re structural review, duration of offer etc.
    Also, in making an offer in writing, this may have legal or contractual obligations ?? . So best consider carefully anything documented. Like the poster of this thread, I too would have reservations as to the tactics employed by some EA's and from reviewing postings in the Accommodation and Property thread, there appears to be little prospective bidders can do to thwart such activities , except walk away if you smell a rat !!


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  • #7
    StillWaters
    Closed Accounts Posts: 1,799 ✭✭✭StillWaters


    Woodville56 wrote: »
    For something as important as making an offer for property I would imagine that all offers should be documented (email even) and an acknowledgment of the offer requested from the EA by return. Of course, an offer in writing should have the usual caveats entered re structural review, duration of offer etc!
    I've never heard of this. Offers are almost always verbal.


  • #8
    Del2005
    Registered Users, Registered Users 2 Posts: 19,100 ✭✭✭✭Del2005


    Woodville56 wrote: »
    For something as important as making an offer for property I would imagine that all offers should be documented (email even) and an acknowledgment of the offer requested from the EA by return. Of course, an offer in writing should have the usual caveats entered re structural review, duration of offer etc.
    Also, in making an offer in writing, this may have legal or contractual obligations ?? . So best consider carefully anything documented. Like the poster of this thread, I too would have reservations as to the tactics employed by some EA's and from reviewing postings in the Accommodation and Property thread, there appears to be little prospective bidders can do to thwart such activities , except walk away if you smell a rat !!

    Unless it's changed recently offers are verbal. Even when excepted and deposits paid a smart/smarmy buyer can still walk away.


  • #9
    Woodville56
    Closed Accounts Posts: 1,643 ✭✭✭Woodville56


    jocotty wrote: »
    Hi,

    I am wondering - if an estate agent says he got an offer on a house, which was higher than yours, can you legally request that he sends you proof of this offer?


    attached link might be of some info:

    http://buyersbroker.ie/blog/2011/06/dealing-with-competing-bids-and-suspected-false-bids/


  • #10
    valleyoftheunos
    Closed Accounts Posts: 2,332 ✭✭✭valleyoftheunos


    Woodville56 wrote: »
    For something as important as making an offer for property I would imagine that all offers should be documented (email even) and an acknowledgment of the offer requested from the EA by return. Of course, an offer in writing should have the usual caveats entered re structural review, duration of offer etc.
    Also, in making an offer in writing, this may have legal or contractual obligations ?? . So best consider carefully anything documented. Like the poster of this thread, I too would have reservations as to the tactics employed by some EA's and from reviewing postings in the Accommodation and Property thread, there appears to be little prospective bidders can do to thwart such activities , except walk away if you smell a rat !!

    as you yourself point out offers in writing can have legal and contractual consequences, something both sides do everything to avoid until the signing of contracts. for that reason written offers are to be avoided.


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