Mar
16th

3 Questions Your Condo Developer Hopes You Never Ask

Files under Condos, Property & Finances, Property Consultants | Posted by qwcdirect

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The first question that your condo developer hopes you will never ask is who will benefit from the sales contract. Developers are used to going for the services of licensed agents. The law requires that the agents disclose whose interest they were serving. However, nowadays developers will show case condos and distribute attractive brochures. They control the market by keeping the condos away from the open market.

Developers don’t want you to ask if you are buying the condo at a better price than the current market value. Some developers will market their condos at anticipated market value. The developer does not also want to answer the question if you want to sell the condo before it is finished. Developers always try to manage the supply and demand chain to regulate the price. Make sure you examine your contract carefully to get the freedom of having the best price.

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