Through our professional experiences, we have obtained a great deal of knowledge and skills about the pre-construction and development process. We developed a four-step approach that guides buyers through purchasing a new condo from a developer:
We like to start with a consultation over the phone or in person. We feel it’s important to fully understand our client’s goals when buying a pre-construction unit. We like to establish whether you are an investor or end user. We discuss important topics like budget, timeline, and securing financing. We share our professional insights and answer any questions you may have including those about the development world and the construction process.
Project Selection & Evaluation
Based on our consultation we will recommend projects that are either currently available or coming to the market soon. One big advantage we offer clients is early access to projects before they are released to the public or other agents. We will give a complete overview of a project including neighbourhood analysis, project features and conduct a full floor plan review highlighting pros and cons about the different layouts to ensure your goals are met.
We will go through an in-depth financial analysis of the project with you, including an overview of monthly expenses, closing costs, and potential income.
We help navigate you through all the transactional steps involved in purchasing a new condo. We secure a unit for you and will be present during signing of the Agreement of Purchase and Sale; assist you with the lawyer’s review of your contract; outline what needs to be in a mortgage pre-approval; and negotiate additional terms with the developer. Once the building is complete we would accompany you for your pre-delivery inspection.