RE Agent Mishandling Foreclosure

[Merry S.]

Hi,

I put a bid on a REO from BOA through a local Real Estate Agent and bid $14k over the listing price. After it was over, he informed me that our bid was not accepted. It was an all cash bid with owner occupancy. My broker asked what it went for and he said 25K more. Well today I find out that it actually went fro 1K more than I bid and it was an investor. I emailed him and asked about the discrepancy but of course he hasn't responded. I'm assuming that he shared our bid since it sold to an investor that he works with. I'm afraid that this will happen again if a foreclosure comes on the market that I am interested in. Is there anything legally that can be done? I will be notifying BOA about his practices.

Thanks for any help!