[Blog #40]: How To Make The Picture Perfect Pre-construction Investment

Investing in pre-construction can be an amazing way to build your wealth in Real Estate. Being able to get into the game with a split up deposit structure (typically 20% or 25% within the first 2 years) is much easier to swallow than putting 20% upfront. Pre-construction can be an amazing investment for you, in today's blog post, we go over how to make the picture perfect pre-construction investment!

Work With A Platinum Agent

This is crucial. Working with a Platinum Agent in pre-construction can help you get the most preferred pricing as well as platinum incentives that can save you thousands. Now you may ask, what is a "Platinum Agent"? A Platinum Agent is an agent that works closely with developers and has a proven track record of selling a lot of units and gets a certain level of access that most agents do not get to the project. Working with a Platinum Agent gives you the first pick of floor plans and pricing as well as different incentives such as capped levies, free parking or locker, extended deposit structure, etc. Depending on the development, there are different incentives that are offered during the Platinum period which can save you thousands of dollars in the long run.

Sure enough, you can walk into a presentation centre and purchase a unit but typically once the presentation centres are built, its well past the stage in which the best value units are sold. When you go to sell the unit down the road, if you have $50,000 in savings from the builder, that would be a lot of money back in your pocket for your investment!

And of course, we are Platinum Agents!

Buy As Early As You Can

Typically the best priced units in the building are sold during the Platinum period - which we have exclusive access to. Developers typically have to sell 70% of inventory to get financing on their development. Developers want to sell inventory as quickly as possible to give the lender a high level of confidence in their project which is why the units that come out first are typically the best priced and some of the best floor plans in the building.

Buying as early as you can will be crucial in making the picture perfect investment in pre-construction. People have made a lot of money in this market and I'd love to show you how. Get in touch with us today to see some of the latest pre-construction opportunities that we have first access to!