In today's episode, Ariel Kormendy and Adrian Trott are diving deep into real estate assignment sales, unravelling what they are and how they work. Discover the motivations behind sellers and buyers engaging in assignment sales and learn about the legalities, permissions, and agreements necessary to execute a successful assignment sale. Should you opt for assignment sales? Watch Episode 251 now to find out! ************************ 0:16 – Intro 1:05 – Why are there so many assignment sales? 3:58 – What is a real estate assignment sale? 6:59 – Potential benefits and risks 8:59 – Legal and contractual considerations 12:42 – Market conditions and trends 15:23 – A tip for success in assignment sales 16:11 – Outro/recap ************************ Want more real estate podcast discussions? Watch it here: youtu.be/uLhNb8fdHt4 Listen to it here: http://www.soundcloud.com/ktrealty Catch clips and highlights of the show here: http://www.instagram.com/kormendytrott ************************ Our Social: Instagram: www.instagram.com/kormendytrott
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TikTok: www.tiktok.com/@kormendytrott?lang=en ************************ In 2011, Ariel Kormendy and Adrian Trott formed The Kormendy Trott Team, now often referred to as KT (thanks to our logo!). The foundation of KT is built on providing unmatched value and attention to detail in everything we do. From our ever-expanding, comprehensive list of exclusive services to our expertly trained team, you will receive the highest level of care throughout your entire real estate journey. Originally a team of two in Milton, Ontario, the KT Team has grown into a large team of exceptional REALTORS®, a client-care department, and now includes KT media, KT Commercial and KT Property Management to provide our clients with a complete lineup of genuine, professional, and proven services across Halton Region, Peel Region and the surrounding Regions within the Greater Toronto Area.