New Condominiums In Toronto
Generally, when a new condominium has just opened its doors to viewers, there is a pecking order as to who gets first glances. Usually the developer’s friends and family are first to take a gander at the new construction. They also have the first choice of the best units available, and the lowest price the developer is willing to offer. This is completely understandable, as we would do the same for our friends and family.
Next up on the list of worthy clients? You guessed it, VIP real estate agents. The reason these guys are so high up on the list is due to an on-going high sales rate from the developer’s VIP agents during past projects. This relationship is built on the abundance of sales and trust from the VIP agent, which classifies him or her for second dibs on the lowest price and the best unit selection at the site. It could be anywhere from 4 to 6 months before the grand opening when all other agents are given the go-ahead for sales, in which case prices start to go up.
With this little gem of information, you can conclude that if you’re in the market for the lowest price, pre-constructed or fully developed condo, you should definitely put your eggs in a VIP agent’s basket. They can guarantee first access and a buying low opportunity with their day first incentives. Aside from the obvious that VIP agents would like to keep their clients and the developer happy, the same is true for the developer meeting the VIP agent’s happiness as well. The situation is win-win and benefits all parties.
If you are in the market for a pre-constructed or fully developed condo, I would be more than pleased to assist you with purchase as a VIP agent myself. Please contact my office if you’re in the market, and looking for the best deal any agent can deliver.