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Does the estate agent have to advertise a house as sold stc when an offer is accepted?

I am currently in the process of buying my first home and only a week or so away from completing the sale. I contacted the agent to see if I could go round to the house to measure a few thing up and they told me that they have had a higher offer and mine had been withdrawn but no one had contacted me and they were still advertising the house as no offers. Can they do this????

Asked on Apr 20 2012, General in Rossendale | Report content

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  • When an offer is accepted, usually the estate agent handling the sale will mark the property as under offer, but, some sellers will accept higher offers and drop the potential purchaser with the lower offer. Unfortunately this happens and there is no law against it. The agent should have kept you in the loop, I can only advise you to walk away from purchasing that particular property whether under offer or falling through with the higher offer. Also the agent in question should be avoided like the plague if they knew a higher offer had been accepted and they never let you know in good time, as this is bad practice! Sorry to hear this has happened to you, it is not nice.

    Answered on Apr 22 2012, Report content
  • This is becoming more common in future when you make an offer say it's acceptance is conditional on the property being taken off the market.

    Answered on Nov 14 2013, Report content

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