Canadian Housing 2007

I would like to share an experience I recently had selling my home in Winnipeg, MB. My house was listed for $159,900.......double what I paid 4 years ago.  The agents had one open house and then offers were accepted the following night.  There was only one offer and it was well under list.  My agent told me I should expect more then my list so when I saw this I was surprised but then he told me not to worry.  I could not believe what happened next.  Both Agents, (listing agent and selling agent) sat at my kitchen table and phoned the buyer with some bad news.  The buyer was told that there was another offer ("A Phantom Bid") which was a total lie, but who was I to say anything.  These young buyers got nervous and offered $200,000 for a 60 year old-800sqft bungalow. WOW I was amazed and shocked......very happy to have made that much money but a feeling of guilt.  How can this be legal??????? I watched these agents bamboozle this poor buyer until they were willing to pay way to much for my home.......oh well young, greedy, uneducated buyers seem to rule the market.  As for me, I paid off my tiny mortgage and will be buying a brand new house just as soon as the market crashes.......maybe I'll buy two houses.