Wednesday, October 31, 2007

A gripe (updated)



So we haven’t officially turned down the offer yet, but we did find out an interesting tidbit: that it is actually illegal for a condo to be sold for above asking price. So if you bid asking price, legally you’re supposed to get it, and someone technically can’t outbid you.

(While I don’t know if this is definitely true or not, we heard this from a broker who was not involved with us in this actual bid since they did not allow co-broking). I write this b/c we put in at listing price and were out-bid so I don’t know if what they did was technically illegal


But this is a game of charlatans and snake oil salesmen, so what can you do?

1 comment:

Abbey Sarynne said...

Is that true? Where did you get that info from?