“Richmond RE Pumper “GreatChina” writes on a local Chinese Forum calling for “Unity of Sellers” to prevent further price drops:
“A brand new house in good area of West Richmond, 8111 Dalemore Rd, was just sold for $1.58M, $170k lower than assessed price of $1.75M. It’s a shame that the buyer went through so much to purchase this property and build a new house, hoping to earn some money while doing a service to the community, only to have the buyer recklessly slashing price. I call on the sellers to withhold giving in to under-asking offers. We should all pull our listings and wait until a better market to sell in a bidding war situation”
Current listing: MLS® V953065
Purchase price: $533,000 Oct 2006 (old timer, was torn down and rebuilt as luxury mansion)”
– VMD at vancouvercondo.info 28 Jun 2012 12:07am who also commented “HAHAHAHAHA”.
Sellers don’t “unify”; sellers compete with each other for buyers.
The “hoping to earn some money while doing a service to the community” passage earns our disdain.