A big misconception by many first time pre-construction real estate purchasers is that registering on the developer’s website is the way to get first access at the lowest price. The Toronto pre-construction real estate market, being the most advanced in North America, has adapted a staggered sales system which typically follows the format below:
FIRST release is to friends, family and business associates of the developers.
SECOND release is to Platinum Realtors.
THIRD release is to VIP Realtors.
FOURTH release is to the developer’s registrants list
FIFTH release is to public and general Realtors
Platinum Realtors are those who have proven themselves with a solid sales track record and who have sold a large volume at the developer’s past projects. The developer will invite Platinum Realtors to exclusive events and release the pricing and floor plans to them first and authorize them to provide this information to their registrants. Over 20% of pre-construction real estate is sold by a small group of Platinum Realtors before most people are even aware that the project is available for sale. The benefit of being a registrant of a TRUE AUTHORIZED Platinum Realtor is that you get first choice at the lowest initial pricing. Typically, there are also special incentives made available to the Platinum Realtor. Working with a TRUE AUTHORIZED Platinum status pre-construction Realtor will save you thousands of dollars, countless hours of time, and make your service experience significantly better. Our teams’ experience and volume of sales with the top developers is money in your pocket .Over the past decade, our team has achieved Platinum Realtor status with most of the top developer’s in the GTA. Please call or email us to discuss your next purchase of pre-construction real estate.