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About 2 months ago a seller had verbally agreed to sell their flat at $600k to us but now back out and re-advertised his flat at a price of $720k. Does it make sense for the price difference to be so drastic for a 4 room flat and what recourse does a buyer have if the seller choose to back out in a verbal agreement? Seriously I feel that the agent has not given her client sufficient advice on the flat pricing, resulting in the waste of time from a buyer's point of view.
Hi Ms Tan, such issues are very common and we do not take any promise at face value. Probably you could be right that the seller agent is wasting your time as that agent could be a newbie to this line. Pls feel free to let me know if you need any assistance.