Outbid or was I?
I put on offer in on a property. It was well below the asking price, but the house had been on the market for a long time, with many reductions in asking price.
I was told that my offer was accepted. Appearantly, there was a competing offer, which I narrowly beat. Then, later that day, the EA told me that the other party had increased their offer, and now the seller is going with them. I was not even asked if I would like to up my offer.
Now I see a couple of days later that the house is still on sale. Maybe that is a lag on the system. However, I smell a rat. Any idea what could be going on? Why not ask whether I would like to up the offer?