Actual Property Definition

When dummy bids continue after the reserve worth has been reached, the real bidder is competing with a false buyer and is pushed to pay as much as they can. Unless the dummy bidding is totally disclosed at each the beginning of the public sale and on the time the bid is made, it is prone to be considered deceptive and therefore illegal. BlogsCommentary from NAR experts on know-how, staging, placemaking, and real property trends.