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Offers to buy a property through estate agents must be public

Submitted on Tuesday 15th April 2014

Published on Wednesday 16th April 2014

Current status: Closed

Closed: Monday 30th March 2015

Signatures: 6

Petition Action

Offers to buy a property through estate agents must be public

Additional Information

It is currently not compulsory for Estate Agents to publicly disclose the offers that are made for the purchase of a property.

This lack of transparency means Estate Agents could potentially add fictitious offers in order to force real buyers to rise their bids.

It is proposed that all offers must be signed and registered in a public document to be made available to all bidders during or after the negotiation.

This will allow more transparency and fairer house prices.


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