What is proper practice on short sale?A recent transaction over an extremely lucrative short sale whose location I will keep confidential because I do not have authorization to reveal the identity of all parties involved left me with many questions as a person seeking to buy a house. xxxxxx xxxx represented the current owner, a person in a particularly vulnerable position and condition. The listed price was ridiculously low for the prime location (94709) and the soundness of the property, and so a huge crowd of both honest house-seekers and rapacious investors showed up for the half-hour of showing on the sole day the property had opened. She did not make a personal appearance, nor did the official listing agent, xxxx Xxxxxxxx. When two of her associates (one of which claimed to work for xxxxxx xxxx, one of the company's agents) arrived late, they appeared to know nothing about the property, its status, and did not even show the whole house, since part was off-limits.Follow-up was a nightmare. She operated through a deliberately confusing series of associates, refused to reveal to agents for other prospective buyers how many offers were coming in, lied about the cut-off for receiving offers (was this so as to be able to see what the highest bid was and then improve on that?), and, lo-and-behold, wound up holding the "winning" offer. She thus wound up representing both seller and buyer at the same time. I would not be suprised at all if the so-called "buyer" turns out to be a front person for someone in her family. To me, this is extremely fishy. Is this common? Should her practice should be investigated by the State?Should the banks holding the liens on the property be alerted that they could potentially be involved in a nasty affair?July 21 2011 - Berkeley00YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.