Re: Willingdon should have been ours - mayor, Burnaby NOW, April 4.
If Mayor Derek Corrigan had in fact had a legal, "right of first refusal" or any other legal right the courts, one would assume, would permit its exercise.
However, any experienced Realtor would have advised the mayor that "expressing an interest in a property" in no way obligates a seller. Those that look without offering are know in the business as, "looky-loos."
In my extensive experience most clients that lacked basic real estate knowledge would have consulted with a Realtor and would have found out that buyers genuinely interested in a property should have a binding contract of purchase and sale in place, subject to the property meeting certain conditions prior to carrying out any, "due diligence" lest another buyer come along and buy the property.
The mayor may be in for another rude awakening when he tries to foist his bully pulpit agenda on the new owners the way he does the citizens or other hoping to do business in Burnaby.
Donald G. MacKay, Realtor, Burnaby
