Monday, August 1, 2011

Watch This Auction

The Sacramento Bee reports on a local real estate agent posting an unsold listing on eBay.

A clever gimmick, but be careful.  Buyers: a quick search of real estate being sold on on-line auction sites shows some less than legitimate looking listings.  Make sure you investigate before you bid.  Agents: this may be a good way to get in touch with potential buyers, but it is unlikely that an eBay auction would meet your state's requirements for a binding real estate contract.

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