question on property offer

  1. 528 Posts.
    lightbulb Created with Sketch. 31
    Hi,

    Just wondering if someone can answer my question any thoughts would be much appreciated.
    Have made an offer on a very cheap and run down house. so I assume relatively high demand. Anyway the agent called and told me that there are 5 offers and the owners will be reviewing them. I was told to call back friday to find out if my offer was succesful.

    My questions are:
    Would they not just accept the highest offer? so why the delay?
    Why would I need to ring them wouldn't they ring the succesful person?
    Is this some kind of game, not sure of the purpose though?
    cheers
 
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