According to our Vancouver Drinking Game rules…whenever a property goes for a million over asking price, everybody drinks!
A westside property built in the Victory year of 1945 listed for $3.2 million sold for $4.2 million. We really could add a speculation tax of any amount in Vancouver on multi-million dollar properties and it would be fine.
How does your conversation with your real estate agent go after this? A high five because you know, an EXTRA million bucks, but then a shake of the head because your real estate agent screwed up the listing…by a lot.