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Updated over 4 years ago on . Most recent reply

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James McGovern
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James McGovern
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General Real Estate Investing

Is this illegal to do on auction.com?

James McGovern
Posted

I have used public sources to ascertain who purchases properties in my area from auction.com. I would like to coordinate with these bidders to ensure that we are not competing with each other on bids so that we can get the best price. Is this illegal? 

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Russell Brazil
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Russell Brazil
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Russell Brazil
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Russell Brazil
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Yes.

https://www.ftc.gov/tips-advic...

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