We weren't gazumped but our offer (full asking price) was rejected because we had to sell our own house and hadn't yet had an offer on it.
Agent selling the house we wanted told us there was no point in viewing anything until we had sold, so effectively they are closing off part of the market and only starting chains with FTB or CB, which I feel is short sighted of them.
I know it wouldn't happen quite so neatly but for the sake of making things simple, three people selling houses might want to buy each others house, A buys B, B buys C, C buys A for example. That could never happen if nobody viewed before they sold.
Anyway, I've gone off track, sorry.
We were then told that a cash buyer had made an offer on the house we wanted. I was so upset, I loved the house and in my head we had already moved in and decorated it.
We then accepted an offer on our house and found another house that we loved even more than the first house. Strangely, it was one I had previously refused to look at because the pictures on the internet made it look awful.
Just after we moved in, we had a call to say the first house was back on the market as the cash buyer had pulled out. Turned out he had messed about from the start and eventually they realised he wasn't actually a cash buyer at all.
That house is still on the market and we've been living in the other house we bought for two and a half years now.
And I'm glad we didn't get the first house now, the second one works so much better for us and has a lot more character. It felt right the moment we stepped through the door.
So don't give up hope, it is upsetting but there are other houses out there that might be more you, even if you don't think so now.