Platinum Agents work the pre-construction market exclusively and have inside info for future projects months in advance and prepare their clients appropriately.Īt the "Platinum Broker Stage" you have first access to inventory, best pick at unit levels, best views, floor plans, lowest prices guaranteed, incentives and promotions from the Developer and Platinum Agents. Platinum Agents have a vast knowledge of the industry, experienced in the pre-construction market and are very well aware of all the new condo projects in the area. Platinum Brokers get preferential treatment in terms of incentives, lowest prices guaranteed and suite selection for their clients because of their consistent sales. They have the best relationship with the Developer or the sales team, typically have 10-20 clients and sell more than 10-20 units in a project. ② The second stage is to the "Platinum Brokers", approximately 10 agents who are commonly known as the "Power Brokers" that work with a bulk of the buyers. ① The first stage is to the "Friends and Family Sales Event" which means you usually have a strong relationship with the Developer and the Developer sells a few units to family, friends, co-workers and trades. There are different stages to the Platinum VIP Market, lets have a look. Each Developer and condo project is different, but most Developers RELY on the Platinum VIP Market. So instead of the Developer spending thousands on advertising and time, waiting for the public to come into the Sales Centre to purchase a unit, they rely on Platinum Agents to sell 30% to 50% of all units months before the Public Opening. Usually Developers have to sell 70 to 85% of all units before receiving construction financing from the Banks, which means the Developer is offering the Purchaser a discounted price in order to gain the necessary percentage of sales required for construction financing. Well let’s first understand why there are Platinum Agents and what the Platinum VIP Market is. The better access you have the more money you save and ultimately make. We all know in Real Estate it's all about "location, location, location" with pre-construction condos is all about "Location, PSF & Access". Platinum Access? Platinum Agents? What it means and what can it do for you when it comes to buying pre-construction condominiums. What platinum access and platinum agents mean and what they can do for you? We take pride in our reputation with industry professionals and there's nothing we love more than passing that benefit onto our clients. By the time a new building opens sales to the public, prices may have gone up by several thousand dollars and often the most desirable layouts and will have sold out.īrowse our selection of units currently for sale and get access to the best pick of units, prices and Platinum Access incentives and promotions. Getting early access to pre-construction condominiums is the key to successful investing. Often this means our clients also benefit from incentives and promotions. Our team has worked hard for almost 15 years to establish relationships with the region's best developers, which, in turn, means they allow us to sell units to our clients before they open sales to the public. This means that you - the buyer - benefit from getting access to floorplan choices before anyone, at the lowest price possible. These condos just started sales and GTA Homes offers guaranteed first access to each of them.
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