By Mark Cohen
We live in a golden age of information. If you want to learn how to do something, there’s a video or tutorial online that can walk you through it. With that level of information freely available you may wonder whether you need help buying or selling a condo. After all, getting into real estate requires a major investment of both time and money. Cutting out realtor fees is an easy way to increase your profit, right?
As anyone who’s tried to “go it alone” in today’s market can tell you, it’s not that simple. Jumping into the real estate market without the right tools is a risky proposition. Brokerage firms have resources that are impossible to get online. Many of those are intangible skills you wouldn’t even think of until they’re needed. Before you decide not to use a brokerage, consider these benefits to using The Condo Store.
We make it easy for first-time buyers to invest.
Unlike many investment-oriented real estate companies, we are as committed to helping new investors as we are to dealing with investment consortiums. The Condo Store has experienced employees at every stage of the condo construction and sales process, and our focus is on ensuring each client has a profitable experience. To that end, we have systems in place to help you get a quality unit with the least possible up-front investment. We can also help you flip your contract if you decide to sell before construction is finished. It’s very simple from the client’s side; our agents do all the work. This ‘turn-key’ approach to investing is a trademark of The Condo Store.
We have access to premiere properties.
It may come as a surprise, but not all properties can be found through normal online searching. Some of the best projects are sold through special marketing campaigns. This is due in part to the high demand for luxury listings, especially in hot areas like Toronto. Working with The Condo Store gives you the opportunity to buy into projects you wouldn’t know about otherwise.
You have a greater potential for profit with TCS.
The number one reason investors choose to forego a realtor is a fear of commissions. Three quarters of home buyers feel that real estate commissions are too high. What these people aren’t taking into account is that even accounting for commissions, an investor stands to gain more money using a broker than handling everything on their own. Part of this is attributed to negotiation skills. Savvy agents can tip the scales in their client’s favor by knowing what concessions to ask for and when to push on an offer. These might seem like small things, but they add up. For example, on a $300,000 unit an experienced realtor can save or earn around $10,000.
You can make money on your own- but you likely won’t make as much, or as fast. Contact us today and let our experts kick your investment plan into high gear.