I have put a bid on an apartment with an agent who tells me he is selling on behalf of the bank.
I put the bid in and heard nothing back until I rang the agent two days later to inquire as to whether it was accepted or not. He sounded surprised that I rang -think I caught him off guard or something!! Said he put my offer to the bank and it was turn down. I don't know why but I just didn't believe he even put the offer forward. Gave a big story about having to put the bid to a certain individual in the bank and then he has to write a report for their selling team who in turn make the decision. Given the short time span between putting the bid in and inquiring as to the outcome, I can't see how a report could be done and a decision provided that quickly.
He sounded totally disinterested in making a sale which has me wondering if he is holding it for someone else. My questions is this , is there any way to deal with banks directly in order to bid for property or do agents hold all the cards?
I put the bid in and heard nothing back until I rang the agent two days later to inquire as to whether it was accepted or not. He sounded surprised that I rang -think I caught him off guard or something!! Said he put my offer to the bank and it was turn down. I don't know why but I just didn't believe he even put the offer forward. Gave a big story about having to put the bid to a certain individual in the bank and then he has to write a report for their selling team who in turn make the decision. Given the short time span between putting the bid in and inquiring as to the outcome, I can't see how a report could be done and a decision provided that quickly.
He sounded totally disinterested in making a sale which has me wondering if he is holding it for someone else. My questions is this , is there any way to deal with banks directly in order to bid for property or do agents hold all the cards?