Location, location, location. The mantra of many a real estate agent and quite possibly the most important factor in property development, and also it seems in actually purchasing a condo. Such was the case Wednesday as competing real estate agents positioned themselves for the sales release of a new downtown Toronto condominium called X2.
Agent only pre-sales are common in the condominium industry, either by invitation, on a first come first serve basis or a combination of the two. In this case, one group of agents has been lining up for this release since Nov. 15. to get ahead of the competition. Sonny Shang of HomeLife Landmark Realty Inc.appeared to be the de facto leader of the group by virtue of his position on the list. He and his group were unhappy at being usurped at the last minute by other agents who arrived late last night and lined up closer to the entrance to the hotel. >> full article