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UNDERQUOTING UNDER SCRUTINY

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UNDERQUOTING UNDER SCRUTINY There’s an old saying in real estate: ‘Quote them low, watch them go.” It may sound pithy and clever, but in reality, it is condoning a practice that is in fact illegal in many states. We are, of course, talking about underquoting. Underquoting, sometimes known as bait pricing, is when an agent […]

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