Condo developers are offering more incentives to potential buyers

Jeff Slightham, vice-president, owner of Royal Lepage Signature talks about the current pre-build condo market. He states that developers are at times offering free parking, development cost discounts, mortagage assistance, etc. Slightham is in Toronto and so the interview has a Toronto twist to it, but similar can happen elsewhere. It’s also why having a realtor representing you during the purchase of a pre-construction is helpful. Remember the realtor on the other side of the desk at the presentation centre represents the developer. Your own realtor represents you and your best interest.