Can you bid on property after it is marked agreed?
January 15th, 2015

I was asked recently by a viewer whether you can still bid on a property that is sale agreed.  The answer is, yes you can and all offers will be reported to the owner but most vendors will stick with the bidder they have already verbally committed to unless they feel the buyer is not fully committed to the purchase. We as agents do not encourage further bids after the sale is agreed but will reappraise the situation after three weeks of the property being agreed.  It is different with re-possessed properties where the Estate Agent is obliged to take offers right up to when the contract is signed.