This GTA condo sold for $135,000 over asking by listing low. But in a buyer’s market, that may not work going forward

  • 📰 TorontoStar
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 55%

Deutschland Nachrichten Nachrichten

Deutschland Neuesten Nachrichten,Deutschland Schlagzeilen

This Richmond Hill two-plus-one bedroom condo was listed for $100,000s below what smaller units in the same building sold for at the real estate market’s peak.

Located steps away from the Richmond Hill GO Transit station, this two-plus-one-bedroom, 1,337 square-foot condo was listed for hundreds of thousands of dollars below what smaller units in the building sold for at the peak of the real estate market.

If you’re a buyer in Toronto, you might be wondering, is this listing price too good to be true for the space and location? We brought in our expert, realtordata from the Toronto Regional Real Estate Board Typically, listing agents will look at comparables before putting a property on the market, meaning they’ll research what similar properties sold for recently and list theirs accordingly, Litchmore said. Now, as the market continues to change almost daily, it’s more difficult to gauge what a property is worth, and you can’t assume a buyer will be willing to spend what someone six months ago might have.

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 60. in DE
 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.

In other words… Real Estate Agent purposely listed it below market value to create traffic and bidding war.

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

RBC issues new warning over GTA housing marketBNN Bloomberg's Andrew Bell has the latest on a new warning from RBC about the overheated housing market in the Greater Toronto Area.
Herkunft: CTVToronto - 🏆 9. / 84 Weiterlesen »