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'Distractors' are those listings that come along on the market place and distract the core body of buyers looking for a given home.
Often the distracting factor about the listing is the price.
You might have 15 serious buyers that are seeking a two story Victorian home in Richmond. One listing might shine through all others, and better yet- the quote price is very low.
The core body of buyers goes for this one home and it sells for a big sum- well in excess of the advertised price range.
As this listing distracts a large group of buyers, other listings on the market that are being auctioned prior to this one can be excellent value.
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