Thursday, 10 May 2007

OneMove Highlighted in International Press

It all started with a story by the international business news wire, radio and television group, Bloomberg, about about the chaotic British real estate market.
The Bloomberg story focused on the curious practice that sees British home sellers agreeing to sell their homes to one buyer only to sell to a higher bidder at the 11th hour.
It's called gazumping and OneMove was featured in the article because its British subsidiary offers a unique insurance package to protect home buyers from the economic losses they suffer when they've been gazumped.
Click here to view the full Bloomberg story.
The story proved to be so compelling, it was also picked up by the International Herald Tribune, a London-based newspaper, and the Miami Herald. Both papers have massive circulations compared to their Canadian counterparts.