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Ozzie touts the way to sell even in a bad time.  He holds out hopes to sellers that buyers at this time of year are "serious buyers", like the same serious buyers weren't around in any other year.  Hey, there's ten serious buyers and 20,000 properties for sale.  Party on Garth.  Hey bake some cookies and use the happy smell wafting through the house to motivate the buyers.   Get a realtor who isn't gone skiing, like, who doesn't have money to go skiing maybe.

And what's happening in 2009?  Ozzie acknowleges bad news is all around, but calls for a sideways moves in the local markets, with maybe a 10% drop.  Huh?  The market dropped more than 10% last month!  Is the bottom just a month away Ozzie?

Going downhill skiing might not be so bad, since everything else is going downhill, anyway.

Ian thinks 50% low ball offers aren't going to work in the luxury Vancouver market - it's just too low.  Ian says Vancouver's not like New York and San Francisco and those other places that are correcting.

50% off?  Not yet.  But more to the point, what would be a cagy starting point for low Vancouver offers?  10% off?  20% off?  30% off?  And whatever discount makes sense now, where is it going to get to in another two years?

That Dubai guy might just have to wait a couple more years, Ian.  50% off takes us back to where this bubble all began, and Vancouver is one of the bubbliest cities around.

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