Buying a house in Sacramento sight unseen is not only a common occurence for the investors of roboagents, but also some home buyers want to try it so they can submit more than one offer on a variety of houses, which could be prosecutable if the sellers cared to pursue it. It's unethical for the agents whose buyers can't afford to buy more than one home, at the very least, yet it goes on because there's a buck to be made.
The roboagents who represent large investors churn out purchase offers like clockwork on a regular basis, and they could give a hoot about the ramifications to anybody else when they later cancel. You can read more about this in my personal blog today at this link: Buying a Sacramento House You Have Not Seen.
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