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I have just bought a repossession but I had no end of problems with the EA. Is there anywhere I can go that can make the EA's prove they followed a code of conduct?
My main concern is ghost bids they have told me about, ie 'we have had a higher offer, do you want to increase your bid?' Yet my solicitor was never notified of this higher offer. It happened on 2 occassions and I was actually close to increasing my offer to prevent me losing out on survey and solicitors fees. Another point, they wouldnt tell me originally what offeres they had received and I added 5k to my original asking price to then guarentee the house. Am I correct in saying that the highest offer will be published in the local paper with a repo, thus telling me that way anyway? Thanks for any help, Ian |
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have you tried the NAEA (National Association of Estate Agents) or are they tied in with a solicitors firm? if they are independent they should by law be a member of an ombudsman scheme. they may be able to push the EA into giving you the details. i've heard of this going on to push up commissions.
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