Dummy bidding is when an agent or an individual acting on the seller’s behalf pretends to be genuinely excited about buying a property by making bids at an public sale. When dummy bids continue after the reserve worth has been reached, the genuine bidder is competing with a false purchaser and is pushed to pay as a lot as they can. Unless the dummy bidding is fully disclosed at both the beginning of the public sale and on the time the bid is made, it is prone to be considered misleading and due to this fact unlawful. Our house search app allows you to proceed your seek for obtainable listings from the convenience of your smartphone or tablet — anytime, anyplace. Save properties you’re keen on, request info, schedule showings, and obtain push notifications inside minutes of houses hitting the market. After 34 years with his East Hampton residence, style …

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