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Updated over 9 years ago on . Most recent reply

User Stats

124
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35
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Tim FitzGerald
  • Investor
  • Irvine, CA
35
Votes |
124
Posts

"Get it Under Contract" Does it invite Wholesale suspicion ?

Tim FitzGerald
  • Investor
  • Irvine, CA
Posted

You've heard it, seen it, maybe even said it, Get it/Got it Under Contract. For reasons that I'll explain, hereafter refer to as "GIUC". 

GIUC has been used for many, many years across many business disciplines. Usually by someone trying to sound legal. Funny thing is, it seems to have the opposite effect. Which brings us to the question. Can the words bring about an investigation ? It's being said in meaningful places that it can. Is the mere use of GIUC in forums, blogs, or wherever sufficient cause for any level of scrutiny from big broth....I mean the Justice Dept. or regulatory agencies ?

What do Yall think ?

Most Popular Reply

User Stats

124
Posts
35
Votes
Tim FitzGerald
  • Investor
  • Irvine, CA
35
Votes |
124
Posts
Tim FitzGerald
  • Investor
  • Irvine, CA
Replied

J,

I agree it wouldn't be efficient. But, sense when are people logical and efficient ? But if what I've heard re this is true, it indicates a deeper more pervasive level of scrutiny. I'm sure most all of us on BP at least, are forthright, transparent, and well intended. The curiosity is, are simple phrases, such as GIUC being used to word search the RE industry. And has anyone noticed. Some have said it is happening.

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