Hi all,
Bidding on a house at the moment and just looking for people's opinions.
There is one other bidder who had an initial offer in before me.
I made a bid that was a small enough increase over their initial bid.
The other bidder then immediately increased their bid by, what seemed to me, a disproportionately large amount (not huge, but proportionately greater than my bid).
I decided to take the weekend to consider my position - only to find out that the other bidder had yet again increased their bid by the same amount again as their initial increase.... before I'd even told the estate agent my new bid.
Seems somewhat unusual to me - maybe someone just getting very emotionally attached to the house....
Estate agent is well-established and would have a name as one of the "better" agents.
Is there anyway of verifying the bids or what are people's thoughts?
Thanks
Bidding on a house at the moment and just looking for people's opinions.
There is one other bidder who had an initial offer in before me.
I made a bid that was a small enough increase over their initial bid.
The other bidder then immediately increased their bid by, what seemed to me, a disproportionately large amount (not huge, but proportionately greater than my bid).
I decided to take the weekend to consider my position - only to find out that the other bidder had yet again increased their bid by the same amount again as their initial increase.... before I'd even told the estate agent my new bid.
Seems somewhat unusual to me - maybe someone just getting very emotionally attached to the house....
Estate agent is well-established and would have a name as one of the "better" agents.
Is there anyway of verifying the bids or what are people's thoughts?
Thanks