Asked by Captain Pat, Moving • Tue Sep 25, 2007
We are buyers and made an offer with a contingency to sell our home. There was a second offer. We were told the other offer did not have a contingency, but ours was higher. We thought that if we removed our contingency we would get the house. Instead, they went to the other buyer and told them we removed our contingency, and that buyer raised their price. We were not given another chance to raise our price. I thought maybe it was an in house deal. My agent said the other buyer came from another company. I still think our offer information was revealed and we did not get a chance to come back with another bid. How should this have been handled and how do we make sure that it does not happen again?
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