Will Your Condo Even Sell In This Market???
Вставка
- Опубліковано 25 чер 2024
- If you want to chat with me click here 👉👉👉 bit.ly/3Ir55wM
👇👇👇LINK TO THE CONDO IN THE VIDEO 181 DUNDAS ST #4512 👇👇👇
demetresgiannitsos.exprealty....
👇👇👇SEARCH PROPERTIES DOWNLOAD THE APP HERE 👇👇👇
bit.ly/3STn2cc
Looking To Buy a Home? Click Here For Free Resources:
👉👉👉bit.ly/4bYTvqo
Want To Know What Your Home Is Worth? Click For Free Home Valuation
👉👉👉bit.ly/42YGHwf
🐺 Learn More About eXp Realty REALTORS ONLY PLEASE 🌎
👉👉👉bit.ly/48U5vqF
📩 Email: Demetres@Demetresgia.com
☎️ Phone: 416-988-9145
I also provide advice on:
-Toronto Real Estate Market
-Selling your home 💰
-Buying a new home 🏡
-Real Estate Investing 📈
💥 Follow Me On Social 💥
Instagram: bit.ly/3ej2mpD
Linkedin: bit.ly/3oVgvOo
Facebook: bit.ly/3663xVM
Twitter: bit.ly/3kXffrN👇
People need to pay attention. These real estate agents are sales people that’s all they’re trying to sell you something he’s trying to sell you this condo and say you can rent out a room without a window. The place is a box.
It will sell as long as you price it correctly. Sellers are still delusional. Prices only go up 😂
Tech tip. Think about getting into car detailing.
You have no idea how far this is going to collapse.
😂
Good presentation, but price is too high at 600k+. Given the building occupants and location, this unit is strictly for investment purposes. Parking is also not included.
Assuming rent of 2100 per month less property taxes, insurance, and main fees of 600 per month (208 + 35 + 357), that leaves 1500 per month for mortgage payments. At 4.6% 5 year fixed with a 30 year amortization, that means a 300k mortgage, which implies a 375-400k purchase price, perhaps stretching to 450k depending on your assumptions on rent.
The unit is priced at $40K more than the same unit 3 floors higher sold a month ago. So, if the last unit (on 48th floor) sold for $595K, this unit should not sell for more than $595K - 3x$2K/floor = $589K. That is if you like the unit ... 1bed+den for less than 600sq.feet.
The muppet boiler room flipping market is done! Enjoy bagholders😂
I like your car. 😉 What car is it?
Your last strategy (bonus for a buyer's agent) would be a big no for me (as a buyer). Instead of offering a bonus to a buyer's agent, you should be offering a discount to a buyer. 😉
Bubble crash
🔥🔥
I picked up 3 in the last 90 days at a good valuation and I thank the overvalued sales of 2021, sincerely.
Nice! 👏🏻
I am sure you have.
👌🏾 great presentation
This is nuts the buyers make the decision not the agent offer 3%commission then it dosent work in any market
The buyer definitely makes the decision which is why it still needs to look good and be priced right. The extra commission is for a little extra nudge from the agent. Doesn’t work with every agent but if we get 20 or 30 showings someone will go for it and I’ve definitely noticed it work well over the years
Good things are coming in Canada.
International students peaked.
Temporary workers and residents peaked.
Home prices peaked.
Rent prices peaked.
Mortgage rates peaked.
We are on the right track. 100%.
I know very well what am I talking here.
I am posting daily updates about Canadian real estate market, especially in Ontario, based on true facts and experience.
#Canada #Realestate #Realtor #CristianEnache #Ontario
👏