Brokers say bartering is a good answer to the swoons in both the marine and real estate markets
Sluggish sales have spurred an uptick in bartering — real estate for boats. Michel Servant, a Montreal real estate developer, is looking to trade his 700-acre hobby ranch and 150 head of buffalo in New Brunswick, Canada, for a $1.5 million to $2 million expedition trawler. “Money is scarce,” says Servant, 52. “People want to hold on to it.”
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