'Really, really interesting couple of weeks' CAROLYN IRELAND From Friday's Globe and Mail It seems a sure sign of a chill in the real estate market when even the bullies figure they can undercut the asking price for a house. That's what happened last Monday. Just as stock markets in Toronto and New York were melting down, agent Sally Moore of Chestnut Park Real Estate Ltd. was negotiating with two buyers who were competing for her client's large and stately home on Balmoral. Her client had planned to accept offers on Wednesday, but one prospective purchaser jumped the queue by signalling their intention to make a bid before the appointed time. Ms. Moore immediately notified all of the agents and clients who had looked at the house thus far: a bully offer was on the way. Working the phones, Ms. Moore managed to get one other...
[read full story]
Your Web Site
