Episode 68: Bad Bidders List and Standardizing Commissions with Mike Brandly
Podcast: Play in new window | Download (Duration: 58:34 — 80.4MB)
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As the auction industry heads more and more towards online bidding platforms, the experience with unscrupulous bidders will unfortunately become more prevalent. In this episode we discuss this issue with Mike Brandly and his recent blog post regarding the challenges to creating a “Centralized Bad Bidders List”. We also talk about the recent movement of a Federal Court case that is looking at the National Association of Realtors and some Multi-list Systems (MLS) on the grounds that they may have attempted to force sales commissions structures on Seller’s, that obligate them to pay for the Buyer’s representation. There is a LOT of information in this episode, so enjoy the show.