One of the foremost common questions raised when looking to get a pre-construction condo is whether or not to use the expertise of a realtor. Sales representatives at new home sales offices are indeed licensed realtors but as a buyer do you have to have your own representative? Using a professional realtor to buy a pre-construction condo in Toronto is the best way to get into condo investments. The sales agents within the new condo’s sales office actually work for the builder, which is where their true loyalty lies with the builders, not to you. It is always good to go to the realtor because having your own representative means you'll receive honest and non-biased advice as your realtor is searching solely for your best interest. There are many benefits to using your own realtor like the following: As mentioned above, your realtor works for you, not the builder, therefore, your best interest is at the bottom. Also Read: Pre-Construction Condos in Toronto- Some Important Factors...
Pro: It's a decent way to get into the market. Generally speaking, condominiums will in general be the most affordable approach for buying real estate, depending on the location. What's more, with the current COVID-19 slow down with the market, condos are becoming more moderate now than they've been several years before. This means, individuals who were in the past evaluated out of the market can get their foot in the market and begin value investing. So, whether you love living in a condominium compared to a house, Condos are the ideal starter home because of the affordability factor. Also Read: How to Buy a New Condo from a Trusted Developer? Pro: When you are living in a condo, which means there is less work to do. You don’t have to mow the lawn or need to clean outside as this is the responsibility of the management. In a condo, this will be completely dealt with for you as per your maintenance fees. In addition, You are primarily responsible for what's inside th...