Apparently the ol' "tell a gazillionaire he can't have something" tactic still works, even in a down market

Nothing more fun for a seller than two people with deep pockets wanting the same thing

433 Riversville Road, discussed here previously, has sold for $4.5 million, well above its $3.750 asking price. A beautifully restored 1900 house on 13.5 acres (subdividable into three lots, though I hope that won’t happen), it was priced “aggressively” by listing agent John McAtee; I don’t know whether he knew of two different buyers circling, or just thought a low price would act like blood on the water, but either way, it worked.

Well done.