It is the estate agent that uploads the bids therefore it is up to them to "be concerned" with the authenticity of the bidder. An estate agent must take due diligence that the bidder is a valid person. It is against the professional code of conduct of both the IPAV and IAVI to accept irregular bids and I am surprised you do not know this! It will also be enforceable in law by the NPSRA that an estate agent has this legal responsibility firmly on his/her doorstep!
I do not know why you think this? It is the estate agents responsibility! A bidder submitting bids would be a joke - Consider the amounts involved here! If an estate agent is "genuinely conned" by a false bidder then the only party that would do this is someone "acting on behalf of the seller" This is against the professional code of conduct of both IPAV and IAVI and will be enforced in law by the NPSRA.
An independent recording will help estate agents that find their credibility questioned and defend them in the ensuing lawsuit that could follow. Lobby I think you have to accept the old days are gone! Tribuneral this, Tribuneral that! People no longer expect high ethics it is their given right!
Gerl, please tell me why this is an independent recording? And how could it be used as a defence?
You've completely missed the point. I'm merely pointing out that if an EA wishes to use false bids, then this website does not prevent it. Or if a vendor wishes to have his "mates" make false bids, then the EA will still (unknowingly) record it on this so called "independent" system. It can't prevent that.
And FYI, vendors are allowed to bid on their own property - even at a public auction!