4595 RUPERT ST., VANCOUVER
LISTING PRICE $975,000
SELLING PRICE $1,128,000
DAYS ON MARKET Seven
LISTING AGENT Keith Roy, Re/Max Select Realty
The Action: Listing agent Keith Roy had sold the house a year ago and his client didn't make any renovations. He held a Thursday night showing for agents and two weekend open houses. He received 13 offers. "After a few rounds of negotiations it finally sold without any conditions," Mr. Roy said. "There were over 300 people who attended, so they were crawling over each other."
What They Got: This 2,301-square-foot house has three bedrooms on the main floor and two bedrooms in the basement. Built in 1961, the bungalow is across from a park and close to SkyTrain, shops, Highway 1 and schools. The roof is six years old and the appliances are fairly new. It also has a mountain view.
The Agent's Take: "The market for housing in East Vancouver is largely driven by a sense of fear that if you don't buy a house now, you'll be priced out of the market forever," Mr. Roy said. "By leveraging that sense of scarcity, we were able to limit showings, drive lots of traffic and get our clients a very healthy return on their investment. Whenever we see [an opportunity] in the market for our clients, we encourage them to take advantage of it."