A word for someone who pretends to be interested in a home for sale
I need a word for a third person who goes into a home for sale to increase the price by pretending to be interested in a home for sale.
vocabulary
asked Mar 20 at 21:25
DANIEL E EDMUNDSDANIEL E EDMUNDS
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I need a word for a third person who goes into a home for sale to increase the price by pretending to be interested in a home for sale.
vocabulary
asked Mar 20 at 21:25
DANIEL E EDMUNDSDANIEL E EDMUNDS
1
New contributor
DANIEL E EDMUNDS is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
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2
Have you considered "shill'? ...en.oxforddictionaries.com/definition/shill
– J. Taylor
Mar 20 at 21:33
add a comment |
I need a word for a third person who goes into a home for sale to increase the price by pretending to be interested in a home for sale.
vocabulary
asked Mar 20 at 21:25
DANIEL E EDMUNDSDANIEL E EDMUNDS
1
New contributor
DANIEL E EDMUNDS is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.
I need a word for a third person who goes into a home for sale to increase the price by pretending to be interested in a home for sale.
vocabulary
vocabulary
asked Mar 20 at 21:25
DANIEL E EDMUNDSDANIEL E EDMUNDS
1
New contributor
DANIEL E EDMUNDS is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
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asked Mar 20 at 21:25
DANIEL E EDMUNDSDANIEL E EDMUNDS
1
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DANIEL E EDMUNDS is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
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asked Mar 20 at 21:25
DANIEL E EDMUNDSDANIEL E EDMUNDS
1
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DANIEL E EDMUNDS is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
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asked Mar 20 at 21:25
DANIEL E EDMUNDSDANIEL E EDMUNDS
1
asked Mar 20 at 21:25
DANIEL E EDMUNDSDANIEL E EDMUNDS
1
1
New contributor
DANIEL E EDMUNDS is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.
New contributor
DANIEL E EDMUNDS is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.
DANIEL E EDMUNDS is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.
2
Have you considered "shill'? ...en.oxforddictionaries.com/definition/shill
– J. Taylor
Mar 20 at 21:33
add a comment |
2
Have you considered "shill'? ...en.oxforddictionaries.com/definition/shill
– J. Taylor
Mar 20 at 21:33
2
2
Have you considered "shill'? ...en.oxforddictionaries.com/definition/shill
– J. Taylor
Mar 20 at 21:33
Have you considered "shill'? ...en.oxforddictionaries.com/definition/shill
– J. Taylor
Mar 20 at 21:33
add a comment |
1 Answer
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A number of online sources refer to this individual as a "phantom buyer." See, for example, Larry Lloyd, "Buying a Home - the Phantom Offer" (July 8, 2008), posted on activerain.com:
With a phantom buyer the seller will actually create an imaginary person with good credit. They will create a fake contract that includes a higher price than what you have been offering. However since you are not allowed to actually see and read the competing offers you cannot really tell if the offer is legitimate.
And Colin Barrow, Buying a Property in Spain For Dummies (2007):
Make sure you're bidding against a real person: Agents have been known to be less than honest, creating a phantom buyer by saying someone else is in the running. Ask as many questions as you can: Who is the other bidder? Does she have somewhere to sell first? When does she want to move in? If the agent doesn't know or is evasive, there's probably no one else in the running.
I should add as a cautionary note here that "phantom buyer" is sometimes applied to other deceptive participants in property sales as well as to imaginary would-be buyers drummed up by the seller of the property to create artificial competition for the property. In one scenario, the "phantom buyer" is actually a front for a real estate company that is hoping to stake a claim to property that it has yet to find a buyer for; in another, the "phantom buyer" is simply a person who likes to look at property and feign interest in buying it but ultimately has no intention of submitting a serious offer.
answered Mar 21 at 2:49
Sven YargsSven Yargs
114k20249507
Shill is the word. Thank you!
– DANIEL E EDMUNDS
2 days ago
add a comment |
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1 Answer
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1 Answer
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active
oldest
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active
oldest
votes
A number of online sources refer to this individual as a "phantom buyer." See, for example, Larry Lloyd, "Buying a Home - the Phantom Offer" (July 8, 2008), posted on activerain.com:
With a phantom buyer the seller will actually create an imaginary person with good credit. They will create a fake contract that includes a higher price than what you have been offering. However since you are not allowed to actually see and read the competing offers you cannot really tell if the offer is legitimate.
And Colin Barrow, Buying a Property in Spain For Dummies (2007):
Make sure you're bidding against a real person: Agents have been known to be less than honest, creating a phantom buyer by saying someone else is in the running. Ask as many questions as you can: Who is the other bidder? Does she have somewhere to sell first? When does she want to move in? If the agent doesn't know or is evasive, there's probably no one else in the running.
I should add as a cautionary note here that "phantom buyer" is sometimes applied to other deceptive participants in property sales as well as to imaginary would-be buyers drummed up by the seller of the property to create artificial competition for the property. In one scenario, the "phantom buyer" is actually a front for a real estate company that is hoping to stake a claim to property that it has yet to find a buyer for; in another, the "phantom buyer" is simply a person who likes to look at property and feign interest in buying it but ultimately has no intention of submitting a serious offer.
answered Mar 21 at 2:49
Sven YargsSven Yargs
114k20249507
Shill is the word. Thank you!
– DANIEL E EDMUNDS
2 days ago
add a comment |
A number of online sources refer to this individual as a "phantom buyer." See, for example, Larry Lloyd, "Buying a Home - the Phantom Offer" (July 8, 2008), posted on activerain.com:
With a phantom buyer the seller will actually create an imaginary person with good credit. They will create a fake contract that includes a higher price than what you have been offering. However since you are not allowed to actually see and read the competing offers you cannot really tell if the offer is legitimate.
And Colin Barrow, Buying a Property in Spain For Dummies (2007):
Make sure you're bidding against a real person: Agents have been known to be less than honest, creating a phantom buyer by saying someone else is in the running. Ask as many questions as you can: Who is the other bidder? Does she have somewhere to sell first? When does she want to move in? If the agent doesn't know or is evasive, there's probably no one else in the running.
I should add as a cautionary note here that "phantom buyer" is sometimes applied to other deceptive participants in property sales as well as to imaginary would-be buyers drummed up by the seller of the property to create artificial competition for the property. In one scenario, the "phantom buyer" is actually a front for a real estate company that is hoping to stake a claim to property that it has yet to find a buyer for; in another, the "phantom buyer" is simply a person who likes to look at property and feign interest in buying it but ultimately has no intention of submitting a serious offer.
answered Mar 21 at 2:49
Sven YargsSven Yargs
114k20249507
Shill is the word. Thank you!
– DANIEL E EDMUNDS
2 days ago
add a comment |
A number of online sources refer to this individual as a "phantom buyer." See, for example, Larry Lloyd, "Buying a Home - the Phantom Offer" (July 8, 2008), posted on activerain.com:
With a phantom buyer the seller will actually create an imaginary person with good credit. They will create a fake contract that includes a higher price than what you have been offering. However since you are not allowed to actually see and read the competing offers you cannot really tell if the offer is legitimate.
And Colin Barrow, Buying a Property in Spain For Dummies (2007):
Make sure you're bidding against a real person: Agents have been known to be less than honest, creating a phantom buyer by saying someone else is in the running. Ask as many questions as you can: Who is the other bidder? Does she have somewhere to sell first? When does she want to move in? If the agent doesn't know or is evasive, there's probably no one else in the running.
I should add as a cautionary note here that "phantom buyer" is sometimes applied to other deceptive participants in property sales as well as to imaginary would-be buyers drummed up by the seller of the property to create artificial competition for the property. In one scenario, the "phantom buyer" is actually a front for a real estate company that is hoping to stake a claim to property that it has yet to find a buyer for; in another, the "phantom buyer" is simply a person who likes to look at property and feign interest in buying it but ultimately has no intention of submitting a serious offer.
answered Mar 21 at 2:49
Sven YargsSven Yargs
114k20249507
A number of online sources refer to this individual as a "phantom buyer." See, for example, Larry Lloyd, "Buying a Home - the Phantom Offer" (July 8, 2008), posted on activerain.com:
With a phantom buyer the seller will actually create an imaginary person with good credit. They will create a fake contract that includes a higher price than what you have been offering. However since you are not allowed to actually see and read the competing offers you cannot really tell if the offer is legitimate.
And Colin Barrow, Buying a Property in Spain For Dummies (2007):
Make sure you're bidding against a real person: Agents have been known to be less than honest, creating a phantom buyer by saying someone else is in the running. Ask as many questions as you can: Who is the other bidder? Does she have somewhere to sell first? When does she want to move in? If the agent doesn't know or is evasive, there's probably no one else in the running.
I should add as a cautionary note here that "phantom buyer" is sometimes applied to other deceptive participants in property sales as well as to imaginary would-be buyers drummed up by the seller of the property to create artificial competition for the property. In one scenario, the "phantom buyer" is actually a front for a real estate company that is hoping to stake a claim to property that it has yet to find a buyer for; in another, the "phantom buyer" is simply a person who likes to look at property and feign interest in buying it but ultimately has no intention of submitting a serious offer.
answered Mar 21 at 2:49
Sven YargsSven Yargs
114k20249507
answered Mar 21 at 2:49
Sven YargsSven Yargs
114k20249507
answered Mar 21 at 2:49
Sven YargsSven Yargs
114k20249507
answered Mar 21 at 2:49
Sven YargsSven Yargs
114k20249507
114k20249507
Shill is the word. Thank you!
– DANIEL E EDMUNDS
2 days ago
add a comment |
Shill is the word. Thank you!
– DANIEL E EDMUNDS
2 days ago
Shill is the word. Thank you!
– DANIEL E EDMUNDS
2 days ago
Shill is the word. Thank you!
– DANIEL E EDMUNDS
2 days ago
add a comment |
DANIEL E EDMUNDS is a new contributor. Be nice, and check out our Code of Conduct.
DANIEL E EDMUNDS is a new contributor. Be nice, and check out our Code of Conduct.
DANIEL E EDMUNDS is a new contributor. Be nice, and check out our Code of Conduct.
DANIEL E EDMUNDS is a new contributor. Be nice, and check out our Code of Conduct.
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2
Have you considered "shill'? ...en.oxforddictionaries.com/definition/shill
– J. Taylor
Mar 20 at 21:33