If the man in the suit offered the same amount as the person who you have agreed to sell to then how come you say that you have an underbidder with a higher offer than he made? If this was the case why didnt you sell to "the underbidder"?
Maybe im not understanding what you have posted?
Uh - huh??.. oh, right.
Dynamic market. We sale agreed yesterday, the day *after* suit-man showed up, a day in which there was further bidding. Therefore, we sale agreed to highest bidder, and second highest bidder's last bid was well above suit-man's bid. We were only close to sale agreed the previous day, there were still two active bidders.
Anyway, I don't approve of gazumping, and suit-man was trying to sort of kind of gazump by the back door.