Picture this, I'm going through my morning ritual of reading the paper while sipping my coffee, and what do I see? Yet another full-page add for a condo development that hasn't sold out yet. This one promises a taste of European charm on the corner of one of Victoria's busiest intersections.
For the last 6 weeks or so, Tuscany Village has had a discount for buying during their special grand opening sale. It's a bit funny that nothing is open up there, or even close to it, but that's irrelevant for marketing anyway.
But today. Oh, today! I am greeted by that same add except, with a twist.
Ready for it? Make sure you're sitting down:
Priced well below appraisal.Sweet mother of gawd. A $440,000 luxury 2 bed 2 bath condo, in Victoria, where everyone wants to be, hasn't sold itself out yet with its grand opening discounts, so now, they have to advertise that it's well below appraisal. Whose appraisal is irrelevant. It certainly wouldn't be the same as assessment via BC Assessment. Seems their listings agents with whichever realty company they have marketing for them didn't get the prices right.
Maybe this will inspire a new realty game show... Come on down Suzy Hahn, you're the next contestant on the Listing Price is Right. Set the pricing right, you win a big fat 9% commission, get it wrong and we'll end that contract and head over to Darren Day and his Day Team jingle singers.