gazumping

[US]/ɡəˈzʌmpɪŋ/
[UK]/ɡəˈzʌmpɪŋ/
Frequency: Very High

Translation

n.the act of raising the price of a property after a sale has been agreed
v.the present participle of gazump, meaning to raise the price of a property after an agreement

Phrases & Collocations

gazumping offer

gazumping situation

gazumping practice

gazumping deal

gazumping buyer

gazumping seller

gazumping law

gazumping clause

gazumping risk

gazumping case

Example Sentences

gazumping is common in competitive housing markets.

many buyers fear being gazumped after making an offer.

gazumping can lead to frustration for home buyers.

it's important to act quickly to avoid gazumping.

some sellers engage in gazumping to get a better price.

gazumping can disrupt the home buying process.

buyers should be aware of the risks of gazumping.

gazumping often happens when demand exceeds supply.

to prevent gazumping, some buyers opt for sealed bids.

gazumping can leave buyers feeling insecure about their purchase.

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