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Updated over 10 years ago,
Social Engineering
Hello BP,
Does anyone or their agents practice social engineering for listing information, by deductive reasoning, from listing agents?
My agent submitted an offer for a ROE. The listing agent told my agent that they had multiple "cash" offers. This is where I did some social engineering. I called the co-listing agent. I told her I was interested in a listing you had on your website and was pre-approved for $160k (listed $150k). Then I asked her is she would help me make an offer. She said to some effect that she has two offers and the bank prefers cash buyers. Then I asked her if she had two cash offers. She said no, one cash, one financed. Bingo! I am changing my offer in hopes to get the banks attention, assuming the cash offer was at or below asking price. I will update all on the progress if it works.