Tara Fluet, ‘White Rock Investor’: “With Groupon, and the way it exploded, you do get great deals on there, so, why wouldn’t it work with condos, the developer here wants to sell the last few units, so if 20 people come in and buy them all at once, they’re obviously going to get a better deal than coming in one by one.”
– from ‘Groupon Style Condo Sales’, Global TV News Hour, Saturday 31 Mar 2012
In the Global clip, Ms Fluet is portrayed as a ‘White Rock Investor’, yet in an article in ‘The Province’ [‘Two homes are better than one’, 17 Oct 2010], it is revealed that she is a ‘sales representative’ selling condos for Cam Good’s ‘The Key’ marketing group, the same people behind this promotion.
Global TV continues to promote RE in the guise of ‘News’, and is disingenuous in the way it presents information to its viewers.
Two other things pertaining to this story:
1. The whole idea of ‘bulk’ sales of condos is noteworthy from the point of view of the RE mania. Would people consider this way of buying a home in ‘normal’ markets?
2. The Global piece also treats us to a really wonderful Freudian slip from Cam Good:
Cam Good, Condoday: “Buyers like it, they can get a better deal participating today in this group than they ever could on their own. Realtors like it because they want to get their realtors (sic).. their clients, sorry… the best deal they can; and developers, if they can do 10 or 30 deals on a Saturday, where they might do one or two.. why wouldn’t they want to do that?”
Global tends to take down their video clips from the web after about a month; intrepid video archivist Greenhorn has archived the clip for posterity, here: