Quote:
Originally Posted by Michael 61
A few times per week, a few new homes come on the market at 8am - your realtor needs to be pressing the accept button right at 8am, competing against many others doing the same. The first person in has two hours to accept and put down a deposit, if that person passes, then the #2 pick now has that option, then so on and so on… . It’s called a lottery because you can’t bid - the price is set- first come first serve.
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Oh wow, interesting. Do you get to see the house or location before you make a decision - virtually or otherwise?