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And the MLS system is entirely voluntary and seemingly not updated timely, but it also doesn't include the secondary market, you know those pale skinny guys in the TV ads with dead eyes saying they'll buy any house no matter the condition. And there is a lot of secondary going on, probably more than the normal RE market.



> there is a lot of secondary going on, probably more than the normal RE market

The primary real estate market is new builds. Everything else is secondary.




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