I’ve been a consultant to realtors for years. I’ve seen some profitable and popular markets, but I’ve never seen a market like the Vancouver area.
You go to the realtor and list your house on Monday. On Saturday and Sunday the realtor holds an open house.
Sealed bids are accepted on Monday and Tuesday, and by Friday your house is sold, typically for 15 to 25% above the asking price!
The photo is a typical Vancouver listing.
According to a newspaper article I saw, 98% of the homes in Vancouver are valued at over $1 Million Canadian, or $750,000 US.