Do all agents have the same access to New Condo Projects?
Question: Do all agents have the same access to New Condo Projects?
No.
Agents are typically grouped based on their sales volume and are given access to condominium projects accordingly.
PLATINUM AGENTS – Typically 10-15 of the top agents in Toronto typically sell large volume of condominiums. Have the first and best access to the best condominiums in Toronto.
VIP AGENTS – Approximately 200-300 agents in Toronto. Typically have access to projects AFTER the Platinum Agents. Prices usually increase, incentives are removed and the best suites are often already sold.
TREB AGENTS – Project opens to the entire Toronto Real Estate Board of 30,000 agents. Project may already be 70-80% sold and prices increased significantly
Choosing the right agent with the right access is vital to pre-construction condominium investing.