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  • How do you find out what happened with the bidding? Aren't the agents the only ones who know? They just reveal that information?

    I've just made an offer on a flat (3rd place I've offered on) and I have no idea what I'm doing.

    The asking price is 325k, but the agent reveals at the viewing that the seller is desperate and will accept as low as 300k, it's the first thing she says. That's a bit weird isn't it? It was music to my ears, but the more I think about it, it seems odd.

    I've offered 305k. My absolute, stretched to the bone budget is 310k. I viewed as a long shot and there's very little on the market at the moment, but I think the agent's sucked me into thinking I can get it, when I've got no chance.

    I never knew this could be so perilous. Even if you get the place you want for what you're willing to pay, you will feel like you've been done.

  • From when I was buying I definitely had the impression that there were some clients/properties who the estate agents just wanted rid of.

    That £20k may be worth £200 commission to the agent (or maybe nothing if it's a flat fee).

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