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  • are brokers, real estate agents and/or banks required to tell their clients about a counter offer by another?

    Posted on December 23rd, 2009 admin No comments
    worldwide surprise asked:


    are brokers, real estate agents and/or banks required to tell their clients about a counter offer by another party? if there are two customers interested in the same property and they go into a bidding war, and say i offered 95k but was told that the other party made a higher offer BUT doesn’t tell me, and instead tells me i need to bid HIGHER, are they lying to me? are they required to tell me what the other party is offering so that i have a baseline price to counter offer?

    Lucy
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