Updated: Sat Jan. 24 2009 18:20:58

ctvbc.ca

With Metro Vancouver's real estate market on a slide, real estate agents are being forced to get creative.

The latest high-tech way agents are trying to get your attention is through online video streaming.

Agent Kye Grace is live on the internet for a 72 hour live open house to sell a million dollar loft in Vancouver's Gastown neighbourhood. He calls it 'Kye TV'.

"I've never done anything like this before, I don't think anything like this has been done in the industry," he says.

"It's a 2,700 square foot loft. The building was actually built in 1910."

While at times it's not very exciting, like when Grace stops to eat breakfast, he insists he is not selling himself.

"Somebody referred to it as a nutty stunt and to a degree that was part of the element I was looking for."

For three days, the agent will chat with prospective buyers anywhere in the world -- about anything.

Within a couple of hours of launching his online open house Friday, curious shoppers come filing in, asking questions about the property.

Grace knows his actions might be considered extreme, but thinks it might be necessary to sell the property. It's already been on the market for two years, and he's the third agent to take on the listing.

"It's a tough market to sell places right now," he says. "You really got to hustle and get after it right now."

With a report from CTV British Columbia's Reshmi Nair

Comments are now closed for this story

dan
What a difference a few years makes.

island girl
In 2008 there will be a 2361 new condo units coming on the market. In 2009 there will be 3799 new units, followed by 840 in 2010, 836 in 2011 and 1746 in preposed after 2011. The total units will be 9622! This does not include the resale market that will be in the thousands! I have two words for you BLOOD Bath.

Will Ryker
That place is absolutely huge! Love the energy.

Cagey
http://72houropenhouse.com

Ben
hmmm....2 years, 3 agents, has anyone thought that instead of trying to think of creative ways to attract buyers that they should have lowered the price a really long time ago.

Michelle Fisher
Kye is doing whatever it takes to market the property. He has generated lot of PR.

Michelle
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Joe not the plumber
You can have all the publicity in the world. If you really want to do the client a favor get it to a price that will cause it to sell.

tim young
i think kye is doing a great job at getting buyers attention i don't know of a realter out there that might do such a thing.i know who to call now way to go kye

bob
Dumb stunt, Dumb agent, Dumb seller. Market is down, price is the driver not silly internet games.