Sticker-Flicker is a term coined by Arit in last weekends Friday free-for-all post to describe a real estate sales sign that has a ‘sold’ sticker applied, removed, and then applied again in any number of cycles. This is a phenomena I’ve increasingly noticed myself lately in front of apartments, townhomes and houses around town.
There are a number of theories about the root cause of Sticker-Flicker ranging from a conspiracy to make it appear more sales are taking place to overzealous realtors applying the sold sticker upon recieving an offer, only to see the deal fall through.
Personally I believe its likely the latter. I have very little confidence in the organizational skills of people when it comes to conspiracy and I don’t really see the point anyways. The fact remains that we have over 20,000 places for sale in Greater Vancouver right now, the sellers market is over. Would Sticker-Flicker really motivate someone to buy?
But maybe there’s something I’m missing. What do you think- Have you noticed this phenomena? What causes Sticker-Flicker?