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In this episode of the Real Estate and Mortgage Show, our host Walter Monteiro talks about the phenomenon of blind bidding in the real estate market. Today, Walter explains everything there is to know about blind bidding and how it impacts both the buyer and the seller.\nStandout Quotes:\n\u201cYou would strictly be putting yourself at a disadvantage, you'd be giving away all the cards, and you\u2019d be given the advantage to the buyer.\u201d\n\u201cWho wasn't being good to sellers, back then buyers, buyers were nasty.\u201d\nKey Takeaways:\nJustin Trudeau has decided to enact laws to eliminate blind bidding in the real estate market.\nUnreserved, an Ottawa startup, appears to have some kind of website with an open bidding platform, so you can buy real estate, you know, people put their homes on this platform.\nAll of a sudden buyers are demanding that they need protection from these greedy sellers.\nFederal government has no jurisdiction over real estate. Real estate is mandated on a provincial level.\nEpisode Timeline:\n[0:15] Eliminating Blind Bids\n[0:54] Real Estate is shaking up\n[1:58] Blind Bidding System\n[2:52] What\u2019s Unfair?\n[3:29] Market in Real Estate\n[4:11] Federal Government\n[4:47] Reach Out to Walter\nIf you have questions about buying real estate and finance, Feel free to call Walter Monteiro at\xa05192400360 or visit https://waltermonteiro.com