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Updated over 10 years ago,

Account Closed
  • Investor
  • Vancouver, WA
63
Votes |
315
Posts

Social Engineering

Account Closed
  • Investor
  • Vancouver, WA
Posted

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.

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