I normally lurk this subreddit to expose myself to situations before they happen but am unfortunately here with my own question.
I put an offer in on a house several weeks ago with my realtor but was trumped by a cash offer. No big deal, it happens. Fortunately, we have been in communication with the seller’s realtor and were made aware of some problems with the septic that I think might cause the current buyers to withdraw. I am hoping to put in a backup offer so that we don’t have to go to another competitive bidding round. I communicated this to my realtor, and so they reached out requesting that we be allowed to put in a backup offer at the sellers asking price with all contingencies waved.
I was talking with my realtor the next day and happened to ask if they knew what the accepted offer was. To my surprise, they said they knew several weeks prior, but didn’t think to disclose the information to me. This is important to note since the accepted offer was $30,000 under the list price with full contingencies. I am honestly still blown away that they didn’t think it would be important for me to know that information.
My question is, given what has happened what is my best course of action? I still want to purchase this house, and at the best price possible.
My trust in my realtor is extremely shaken, but I imagine I have no choice but to continue to work with them if I want this house. I don’t think they had any bad intentions but I absolutely would have modified how much we offered. It’s important to note that we have just requested to put in a backup offer, so nothing we said was binding but it feels *wrong to negotiate if they let us put in an offer. I know I should be excited that I might be able to get the house at asking in a market where most people have to overbid, but I’m just so shocked that I wasn’t told this information as soon as possible.