A “ploy” to attract buyers for an Auckland property has backfired, with a High Court judge ordering the seller to accept an offer $210,000 under her original price, Stuff reports. In May 2020, Yang Li entered into an agreement with LJ Hooker Ponsonby to sell a property in Karaka, south of Auckland, with an asking price of $1.35 million. However, Ms Li then countersigned an agreement with a potential buyer for $1.14m, having been assured by real estate agent Eric Fang, a close friend of hers, that the amount would not be accepted. In her affidavit dated 26 November, 2020, Ms Li says it was ‘just a ploy to get future buyers to present offers’. Ms Li says that she never intended to sell at that price.
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