A double, double escrow on the same street by the same broker!
The big benefit to him is to make the both sides of the commission paid by the bank on the short sale. He probably made $70,000-$80,000 total – more than the investor made flipping the re-sales. This type of listing agent fraud is happening every day. I know, if the bank approves the deal it’s their fault, but this broker is doing double escrows which are illegal if not disclosed – and do you think he told the bank he had a second buyer in escrow paying substantially more for the same house, closing on the same day?
The first shown here is just as bad though: