3 ms·
Forgive me ... I'm afraid you're going to have to define "gazumping" ...
by rsync 11y ago
Forgive me ... I'm afraid you're going to have to define "gazumping" ...
- smcl 11y agoFirst paragraph of wiki has a good definition - "Gazumping occurs when a seller (especially of property) accepts an oral offer (a promise to purchase) on the property from one potential buyer, but then accepts a higher offer from someone else. It can also refer to the seller raising the asking price or asking for more money at the last minute, after previously orally agreeing to a lower one. In either case, the original buyer is left in a bad situation, and either has to offer a higher price or lose the purchase" https://en.wikipedia.org/wiki/Gazumping https://en.wikipedia.org/wiki/Gazumping