Use a REALTOR® who is in your corner

Remember, a property is probably the single biggest investment you will make in your lifetime. Having a real estate professional go with you to a sales centre will ensure your needs and best interests are represented.

Buying a brand new home is very similar to buying a resale house or condo. The main differences are:

• You may be buying a piece of property isn’t actually completed yet. You may be left to conceptualize the finished product within its environment.
• You will enter a legal agreement with the housing developer on their specially designed documents that bind both you, and the developer.
• Preconstruction sales calls for a buyer-agency relationship.

It is vital for you, the buyer, to have your real estate professional involved in the process, to clearly take you through all the elements of a preconstruction home sale.

Geon will help you with purchasing your preconstructed home by clarifying documents and representing you in the purchasing negotiations to ensure you get the right price, and the best amenities. He will also help you with:

• Reading floor plans within the context of a floor plate or foot print of a building.
• Understanding proximity to common elements (examples: the exposure; garbage disposal; elevators; driveways).
• Being the intermediary between you and the developer.
• Understanding the ‘off the plan’ elements of your home, to ensure you are getting what you paid for.

 What is a “Dog Suite”?
Every condominium development has good suites and not-so-good suites. In the property business the poorer suites are called ‘dog suites’. The ratio in most cases is 80:20 where 20% of the suites are prime suites and 80% are less than prime and half of these are ‘dog suites’.

These suites are usually sold to the uneducated consumer who walks into the sales centre by themselves. Sales centre representatives have been highly trained in sales, and owes a legal obligation to represent and protect only the interest of the seller.

Request a property search to find the new construction homes or condos in your area.