Posted by Philip on September 14, 2004 at 22:56:03:
I have had a realty in our area use shill bids on repo land…and give away bid amounts to other bidders. This amongst some other dishonest practices have made them one of the largest realtors in the area. BUT, the truth is getting around and it will all come crashing down someday.
If I want to bid low I will, but I wouldn’t actually invent bidders, or let a friend mislead anyone.
I play it straight…but…I certainly am a little jaded compared to my late teens or early twenties when I bought my first home.
I try to only deal with one small local realtor who has never invested one penny in real estate in his 40 years on the job.
Some folks will do anything for money.