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I asked him why the realtor didn't buy the property if it was so good Hmm. The way to effect this as a broker is to take comission, with 3rd part capital backi
by 001sky 13y ago
I asked him why the realtor didn't buy the property if it was so good
Hmm. The way to effect this as a broker is to take comission, with 3rd part capital backing the acquisition. The broker "pump and dumps" the property and takes a comission. The structure is opaque to the purchaser, and avoids the signalling 'tell' alluded to in the narrative above. This isn n% as profitable as a outright "front-run" or "flip", but can be executed at greater leverage/scale, since it is easily repeatable and the conflict of interest is far less obvious.