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It is so important to list your properties at a price that will attract a lot of buyers. I carefully reviewd the most recent sales in the building. They were taking over two and a half months to sell. The listings had been reduced. My sellers did not want the condo to sit that long vacant with all the expenses to pay out.
After careful consideration I took a listing in Skymark 2 for slightly under the last sale. The last sale in the building was $211,000 asking $215,000. reduced from $220,000. That unit had been totally renovated.
My listing was very clean, very presentable, but no improvements had been made. We decided to go under $200,000. to attract those buyers that were not $200,000. but many were over $200,000. I had non-stop showings which resulted in 3 offers. I was able to negotiate an over asking selling price in one week, with a closing of less than 30 days.
I am a great believer that properties priced properly attract two price categories of buyers. Those that fall within the range and those who can afford more but their agent is able to find a wider spectrum for them by going slightly under their pre-qualified range.
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I proudly server buyers and sellers in the Toronto Neighbourhoods of: Forest Hill, Cedarvale, North York, North Toronto, Summit Heights, Wilson Height, Bathurst Manor, Leaside, Bayview, Thornhill, Richmond Hill and all surrounding areas.
Whether you're buying or selling and looking for a Toronto Realtor or feel free to e-mail or phone us and we will be happy to guide you through your real estate experience.
Casa Loma
Diane Plant, Broker
Forest Hill Real Estate, Brokerage
(416) 488-2875
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BUYERS IN TORONTO NEIGHBOURHOODS
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