[quote=spdrun]Flopping = using dirty tricks to get a bank to accept a SS for much less than real value. Once it’s re-sold by the buyer, the listing broker may (or may not) get a kickback from the buyer.[/quote]
I hear from 2nd and 3rd hand
sources that some realtors form investor groups and take turns giving each other’s investor group short sale bargains while completely shutting out real buyers with higher offers. Yeah I know- boo hoo cry me a river….