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Bidding on House - Can I confirm other bidders actually exist

shawty · 2015-08-13 13:29:20

I'm a first time buyer and I have been out bid on a number of houses. Is there a way for me to find out if the other bids really exist? If I bid 100 and get a call from the agent saying it's now at 101, how do I really know there is a real bid in? How do I know the agent is not just trying to get the highest amount they…

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#62 25-08-2015 12:44pm
Barely Hedged

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jmayo wrote: »

They were my examples of tests just to try out EA.

And why shouldn't they know something about such things ?
Are you seriously saying they should know nothing about a properties location ?
Look at most property ads especially in smaller towns/villages where they make reference to every god damm amenity in the area, schools, golfcourses, sports clubs, etc.

They should know as much information and data that is easily accessible and verifiable. Everything youve listed is very easy to assess and verify.

Where do you access data such as traffic in the morning and burglary statistics and why would they? Theyre selling the house to you and they want to highlight its good points. To think that a sales person should research and the openly provide you with obscure, unverifiable information that will do nothing but potentially damage the chances of sale, is nothing but naive.

jmayo wrote: »

And again I am more so talking about property in smaller towns/villages rather than an estate in a suburb of Dublin.

Did you mention you were talking about that in the first place?

jmayo wrote: »

Because again maybe they should be able to tell you something about a property history.
And again the point is to see if they outright lie.
e.g the lie would be for instance that there was never any planning sought and refused after initial build rather than there was some planning sought or I don't know.

What if the vendor lies to them. The vendor says everything is fine and nothing was ever sought? Does this mean the estate agent is lying or just conveying information like every middle man? Ever hear the saying, dont shoot the messenger?

jmayo wrote: »

I would rather they say I don't know or I will check it out with vendor to the above questions rather than an outright lie.

Oh and don't worry, I would never trust an EA's word or vendor's word about planning issues.

Well then, why ask them such questions? You know the information youre getting has a good chance of being heavily biased in the vendors favour.

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