Every used car lot used to have a "gimp"; the $200 beater "it barely moves" horror show car thats used to convince customers they really do want to spend more money here today. Seen tractor and large equipment dealers do it too.
No surprise to see other sales industries have the same technique in their library.
> some agents deceiving the very buyers they are supposed to represent, in an effort to pad their own bottom line
How does this work in Canada?
Here in the UK, estate (and lettings) agents are hired by and work for sellers (landlords).
The article suggests that buyers hire real estate brokers to represent them (i.e. their own agents), which is unheard of this side of the pond afaik except, perhaps, in the multi-million pounds properties market.
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[ 5.7 ms ] story [ 22.1 ms ] threadNo surprise to see other sales industries have the same technique in their library.
How does this work in Canada?
Here in the UK, estate (and lettings) agents are hired by and work for sellers (landlords).
The article suggests that buyers hire real estate brokers to represent them (i.e. their own agents), which is unheard of this side of the pond afaik except, perhaps, in the multi-million pounds properties market.