In this episode of The Real Estate Blind Bid Provocateurs podcast hosted by James Clark and KieAnn Brownell, the focus is on the inherent issues of the blind bidding system in real estate. They kick off a series discussing 'The 7 Ways Agents Lie With The Truth,' with this episode dedicated to exploring the phrase 'We Have Multiple Offers.' The hosts delve into how this common statement creates urgency and induces a bidding war mentality among buyers, despite often being misleading. They emphasize that agents are good people trapped in a flawed system and advocate for transparency in real estate transactions.
00:00 Introduction to The Real Estate Blind Bid Provocateurs
00:32 Meet Your Hosts: James Clark and KieAnn Brownell
00:51 Setting the Context: The Flawed System of Blind Bids
02:50 Exploring the First Lie: 'We Have Multiple Offers'
04:25 The Impact of 'Multiple Offers' on Buyers
06:06 Conclusion and Teaser for the Next Episode
06:28 Final Thoughts and Call to Action
Article: 7 Ways Real Estate Agents Lie With The Truth
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