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     • Shill bidding is one of the most common examples of a shady auction tactic. In shill bidding, a seller will have a friend or family member place bids to drive up the competition. While the backfire could lead to the “fake” bidder having to pay up, the potential benefit could gain the seller a lot of profit.
     blog.realtyhive.com › shill-bidding-other-shady-auction-tactics

     Real Estate 101: Shill Bidding & Other Shady Auction Tactics

2. People also ask

   What is shill bidding?

   • Essentially, shill bidding refers to the practice of a seller using another user identification, which they have created, then using it to bid on their listings. They sometimes even go to the extent of creating and using multiple accounts all in their favor. The sellers do this to affect the final price of the item positively.

   Explained: Shill Bidding | AllAuctionSales.com

   allauctionsales.com/auctionsblog/2020/04/15/explained-shill-bidding/

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   How does shill bidding affect the auction process?

   • For honest auction participants — both buyers and sellers — shill bidding damages the auction process by instilling distrust in the practice. Buyers may avoid auctions where they believe shill bidding is tolerated. Sellers may find lower prices where their items are sold at auctions which potential bidders are avoiding.

   What is shill bidding? | Mike Brandly, Auctioneer Blog

   mikebrandlyauctioneer.wordpress.com/2010/11/25/what-is-shill-bidding/

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   Do online auctioneers monitor shill bidding?

   • Though online auctioneers claim to monitor their auctions for signs of shill bidding, they do not disclose how such monitoring occurs. Therefore, it is even harder to determine how to prevent shill bidders from engaging in such shill bidding activities.

   Real-time detection of shill bidding in online auctions: A literature revie…

   www.sciencedirect.com/science/article/pii/S1574013717300023

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   How do online auction houses prevent shill bidding?

   • The detection and prevention of shill bidding is not an easy task. Online auction houses allow users to create multiple accounts quickly and easily. They also allow for a high level of anonymity, many only requiring an email address to create an account.

   Real-time detection of shill bidding in online auctions: A literature revie…

   www.sciencedirect.com/science/article/pii/S1574013717300023

   See all results for this question

3. blog.realtyhive.com › shill-bidding-other-shadyReal Estate 101: Shill Bidding & Other Shady Auction Tactics

   blog.realtyhive.com › shill-bidding-other-shady

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   May 22, 2020 · When it comes to selling a house, shill bidding is designed to help the seller. It absolutely hurts the buyer. This comes as a surprise to most people, but many real estate auction sites allow sellers and even agents to bid on their own property. Rest assured, RealtyHive has a strict no shill bidding policy.

4. allauctionsales.com › 15 › explained-shill-biddingExplained: Shill Bidding | AllAuctionSales.com

   allauctionsales.com › 15 › explained-shill-bidding

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   Apr 15, 2020 · What is shill bidding? Essentially, shill bidding refers to the practice of a seller using another user identification, which they have created, then using it to bid on their listings. They sometimes even go to the extent of creating and using multiple accounts all in their favor.

5. mikebrandlyauctioneer.wordpress.com › 2010/11/25What is shill bidding? | Mike Brandly, Auctioneer Blog

   mikebrandlyauctioneer.wordpress.com › 2010/11/25

   Nov 25, 2010 · Shill bidding occurs at auctions all over the world every day. Is it a widespread occurrence? I would guess not, but it’s not hard to find. No type of auction is exempt — live, online, live and online, silent, sealed bid, or other. So what is shill bidding? Let’s look first at the word, “shill.”

6. www.industrialauctionhub.com › blog › what-is-shillWhat Is Shill Bidding? How Does It Affect Me?

   www.industrialauctionhub.com › blog › what-is-shill

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   Jan 8, 2019 · What is shill bidding? In the simplest terms possible, shill bidding refers to the practice of a seller using another user identification, which they have created, then using it to bid on their listings. They sometimes even go to the extent of creating and using multiple accounts all in their favor.

7. en.wikipedia.org › wiki › ShillShill - Wikipedia

   en.wikipedia.org › wiki › Shill

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   Auctions. See also. References. External links. Shill. Look up shill or Shill in Wiktionary, the free dictionary. A shill, also called a plant or a stooge, is a person who publicly helps or gives credibility to a person or organization without disclosing that they have a close relationship with said person or organization.

8. oz.stern.nyu.edu › seminar › fa01Shill Bidding in English Auctions - New York University

   oz.stern.nyu.edu › seminar › fa01

   Shill bidding is the deliberate placing of bids by the seller to ar-tificially drive up the price of an auctioned item. The Internet environment provides unprecedented opportunities for sellers to create false identities under which to submit shill bids for their own goods in order to increase their profits.

9. www.sciencedirect.com › science › articleReal-time detection of shill bidding in online auctions: A ...

   www.sciencedirect.com › science › article

   Aug 1, 2017 · Shill bidding is intentionally fake bidding by a seller on his/her own auction to inflate the final price. This can be accomplished either by the seller himself/herself or by someone colluding with the seller to place fake bids on his/her behalf.