VIC Offers before an auction

Australia's #1 for Law
Join 150,000 Australians every month. Ask a question, respond to a question and better understand the law today!
FREE - Join Now

MaryMac

Member
19 October 2017
1
0
1
i am interested in a house that was put on the market originally for sale.
Before the first open, they changed it to forthcoming auction.

The agent said he would accept prior offers but all offers must be in by a certain time and date before being considered.

Isn't this essentially a private tender?
Is the agent just trying to suss out interest and price range before going to auction?
 

Rod

Lawyer
LawConnect (LawTap) Verified
27 May 2014
7,731
1,056
2,894
www.hutchinsonlegal.com.au
Probably. Not worth putting in an offer. They'll see your offer as the starting point at auction.