Concierge Auctions, the market leader in luxury real estate auctions, has faced accusations that it manipulates bids to juice up its business. Since 2014, the company has been a defendant in 10 lawsuits, half of which accused Concierge of using some type of fake bidder to increase the price of homes or to make sellers think there was more interest in their properties than there really was, according to a review of suits on Courthouse […]
source https://therealdeal.com/2019/02/11/concierge-auctions-facing-accusations-of-fraudulent-bids/
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