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Updated over 14 years ago,

User Stats

377
Posts
56
Votes
Tony Nguyen
  • Investor
  • Tampa, FL
56
Votes |
377
Posts

Why are there Decoys at the auction?

Tony Nguyen
  • Investor
  • Tampa, FL
Posted

Hi Everyone,

I realized that some veterans at the auction will have decoys bid for them.

For example, John is the veteran investor. Bill is the noobie. John tells Bill to bid on that property for him up to X under Bill's auction ID. Once Bill wins the bid, John comes up to pay for it.

Why do they do this? I'm thinking it could be because John, the Veteran, doesn't want other noobies to piggy back him because they know the properties he chooses is the good stuff?

Thanks in advance for any thoughts! :D

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