phantom offers unethical illegal deceptive civil and criminal sanctions: Phantom Offers are Illegal - 06/10/09 08:08 PM
Phantom Offers are Illegal
By Brian Madigan LL.B.The real question is: does the phantom offer really exist! Maybe, and maybe not.A phantom offer, of course, is an offer which is make-believe, it's imaginary, it's simply pure fabrication. The offer exists only in someone's mind. Now, the question is who?When the market is hot real like we experience in Toronto from time to time, more and more phantom offers seem to be in existence. Phantom offers have become a rather widespread and growing problem. Yes, most agents have heard of them! These are offers that come out of nowhere.A prospective buyer … (0 comments)
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phantom offers unethical illegal deceptive civil and criminal sanctions: Phantom Offers - 10/27/08 01:33 PM
Phantom Offers
By Brian MadiganThe real question is: does the phantom offer really exist! Maybe, and maybe not.A phantom offer, of course, is an offer which is make-believe, it's imaginary, it's simply pure fabrication. The offer exists only in someone's mind. Now, the question is who?The Real Estate Council of Ontario recently imposed a significant fine on an agent who felt that such a practive was "clever marketing".Phantom offers have become a rather widespread and growing problem. Yes, most agents have heard of them! These are offers that come out of nowhere.A prospective buyer views a property and decides to … (1 comments)
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