gazump
/ɡəˈzʌmp/
verb
- To raise the price of a property after already agreeing to sell it to someone, usually to accept a higher offer from another buyer.
- They were afraid the landlord would gazump them after they had already paid the deposit.
- The seller tried to gazump us by asking for $20,000 more just before we signed the contract.
- In a hot housing market, some sellers try to gazump buyers even after a verbal agreement.
Synonyms