AaronTT

Shill bids are one thing, but sellers are purposely putting up the price to the same ridiculous prices as other sellers. I know one guy who does it as a sort of negotiating trick. He is hoping someone will come along and ask him if he will take $400 or $300... doing so makes the price look better, and makes the buyer think they are getting a good deal since they "negotiated". Its the old used car sale trick of inflating the asking price, in order to get the high price anyways after the suckers negotiate a bit. They take advantage of those who don't do their homework first.