HI Greg,

You can ask but the listing agent is not allowed to disclose the current bid of a home due to ethical reasons. Another way of finding out what the price range is for the home is to ask your agent to provide you with a market analysis. This should help you get an idea of the price.

Greg
Your profile says you are a buyer. So I am assuming you nave a buyer's agent.

The buyer's agent can certainly contact the Listing Agent (L/A) and ask what offers have been received. You don't mention your particular situation, however here are a couple of scenarios:

If I were the L/A and was selling a home, I would want as many offers as I could get. In any situation a sharp L/A will not provide exact prices , but may say to your agent "We have two offers, they are a little low, bring me a better offer" or "We have five offers, three over asking, very strong offers."

If it is a short sale, and I was serious about the property (meaning prepared to wait for the approval as long as it took) I would ask the L/A "How many offers do you have?"
"Where are you in the approval process?"
Many times the L/A is trying to get more offers because in a short sale the process takes so long that they know that the buyers that were first will probably buy something else and walk away.

The bottom line is always ask, you never know what the situation is.

Hi, the exact price cannot be shared until it has closed escrow. If there is a listing that you are interested in, I can let you know what the sales price is when it does close. Contact me at my website. Thanks!

Hi Greg,

In short, yes you are... but you may or may not get the information you require. Most agents will tell you that they can't tell you what the value of the offers they have received are.

But the truth is, unless your client instructs you otherwise, what can't be disclosed is information that would compromise your client's position in a transaction. For instance, if you are the agent listing the property you can't disclose what the lowest amount is that the seller would be willing to accept. Likewise, if you are representing the buyers in a transaction, you wouldn't be allowed to tell the seller the highest amount your buyer would be willing to pay.

When I list a home among the many things I discuss with my seller is the clause in the listing contract that covers this situation. I don't like wasting anyone's time and I don't personally see the wisdom of not letting folks know what the highest dollar value currently on the table is.

Good luck with your home purchase.

Take care and have a great day!

Tisza Major-Posner, Realtor DRE#01784679, IVPG Realty (909) 837-8922

Greg,
It would not be ethical for an agent to divulge this information and could subject them to disciplinary measures.

Hello Greg,
You can contact the listing agent but under the REALTORS Moral Code of Ethics; agents cannot disclose what the offer is nor the terms and conditions of the offer unless the seller has advised them to do so. The listing agents may be able to tell you if the offer is low or close to asking but cannot tell you the exact price of the offer.
I hope this is helpful to you.
Laura

Prudential Connecticut Realty
laurafeghali@prudentialct.com