Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 8 years ago,

User Stats

71
Posts
25
Votes
Ben Ballinger
  • Developer
  • Newport Beach, CA
25
Votes |
71
Posts

Listing Agent Lied about Offer Accepted?

Ben Ballinger
  • Developer
  • Newport Beach, CA
Posted

I put an offer on a property, and the listing agent asked if that was "highest and best" due to receiving multiple offers (keep in mind, this property is a complete hell hole and I doubt they received any other offers).

They were asking way over the value of the place based on comps and the condition of the property (owned by a hoarder, needed to be completely gutted, new roof, etc. Racoons living in the upstairs, huge water damage across multiple roof lines/walls, everything peeling). So we offered a reasonable cash offer given the condition.

Either way, my agent told her that we would be open to considering a counter offer from the seller.

No reply for two days, then the seller's agent told us they had "accepted another offer".

Yet, it's been 48 hours and the MLS still lists this property as active.

So my gut and guess is that she was lying to us and didn't want to take our offer due to it being lower than their ridiculous request.

Is she allowed to lie to us about accepting another offer? We never received a counter offer, she just denied us.  Seems unethical to me.

Loading replies...