What is another name for panic peddling with sellers?

Panic peddling, particularly in the context of real estate, refers to a practice where agents or brokers exploit a seller’s anxiety or fear about declining property values or other market conditions to pressure them into selling their property quickly, often at an unfavorable price. This tactic can create a sense of urgency and can lead to a decline in property prices as multiple owners might feel compelled to sell simultaneously, fearing they will otherwise lose value.

Block busting is a term specifically associated with this behavior. It involves persuading property owners to sell their homes at lower prices by instilling fear regarding the demographic changes in a neighborhood, thereby pushing sellers to panic and sell quickly. This practice manipulates market dynamics by creating a false narrative of urgency or crisis, leading to properties being sold in haste often below fair market value.

In contrast, market manipulation generally refers to actions that artificially inflate or deflate the price of assets in a market, and price gouging typically relates to raising prices on goods and services during emergencies. Predatory lending involves unfair or deceptive loan practices targeted at vulnerable borrowers. While these practices are unethical and problematic in their own right, they do not illustrate the same mechanics of influencing sellers through panic that block busting does. Therefore, the connection of panic