Home Buying Tips

Due to the competitive nature of the Toronto real estate market the list price of a property does not equate to what the property will sell for. Often times clients will come to us with a fantastic property with a list price in their price range, only to find out from us that the property will sell for significantly more because it was listed low. Even after informing them the property will sell out of their budget, some buyers still want to see the property. This is almost always a bad idea! When a buyer sees a property they cannot afford, they will compare every future property to that more expensive property and end up disappointed. As Realtors, the one thing we never want to do is create unrealistic expectations, because that does not lead to a happy buying experience.