The story’s moral is obvious. When presenting to investors (whether individually or in a group), implore them that if they want to reserve units then but have a partner (personal or professional) not present at the meeting that they make sure to give you a chance to do the same presentation again to both partners
(More)…
It Takes Two To Tango … And Often Two To Invest Sometimes one of your investor buyers will make the big mistake of listening to your sales presentation without their personal or professional partner present. Recently, a sales rep I know did a sales presentation to a group of investors the night before a VIP
(More)…
The split of the sales commission between the two reps should be the same as the resale properties. For instance, if the commission paid by the developer is 4% and you bring a replacement buyer, you should get 2.5% of the commission while the rep in the lineup (think of them as the listing rep)
(More)…
By the same token, emotions can work against people who have the financial resources to buy a unit but for some other reason get cold feet when they have a sound (or even great) investment in their hands. When hundreds of sales occur at a single sales event, the atmosphere is like the trading floor
(More)…
There are different types of Facebook ads and this keeps changing with time. A few years ago when Facebook ads were launched, they did not have half the targeting options they do now. Isn’t it great how often technology improves to make our lives easier? With Facebook ads, there are two main categories of ads. They are;
(More)…
The question is whether the facts or circumstances would indicate to the Canada Revenue Agency that the condo was bought for personal use versus buying the unit for potential profit with either the intention of assigning (IE flipping) the deal or making it an income property by getting a tenant to live there. If a
(More)…
The circumstances under which HST is or is not applicable to an assignment depends on the original intention the assignor/seller had in mind when they purchased the unit. If the primary purpose by the assignor/seller in buying from the builder was to profit by assigning/flipping the deal, then HST is applicable. On the other hand,
(More)…
Facebook advertising is another online strategy to get very targeted leads that you as a real estate professional will get a lot of value from. There are a few questions you need to answer before running Facebook ads. Once you answer them, it helps you have a clear direction with how to approach your ads and
(More)…
If you have investor clients one of the things you can do to encourage them to buy early is letting them know that you will pay for part or all of the assignment fee if they buy a unit at the launch date, but that you will not pay for the fee if they buy
(More)…
Assigning New Properties One of the safest and yet highest yielding investments you can make today is on a pre-construction condo in the Toronto area. When a buyer wants to sell their newly bought pre-construction condo to another investor or to a home buyer before the closing date (IE the move in date), they can
(More)…
 |
 |
 |
 |
 |
|
