Is it fraud or the path of least resistance? I think the listing agents doing it are taking the path least resistance as much as doing outright cheating. They spend a ton of time negotiating deals for which the other agent represented buyer has vaporized when the lender finally gets around to answering the offers. It is quite possible the lenders have told them to get offers that stick too. I am sure there is also some cheating. Not all of it is though,maybe not even much.
As I said on the other thread dealing with the topic, look for a trend in easier access to short sale deals. Not just for crooks but market wide.There may be something behind the scenes that motivates improvement in the movement of this subset of listings.
I am not trying to change any one’s mind because I am not really sure about the details. I have seen other evidence of path of least resistance behaviors from listing agents. It’s not uncommon.
