Ariel Kormendy and Adrian Trott discuss a recent Toronto Star article about Mattamy homebuyers that paid premium prices for pre-construction homes at the height of the market, but their builder is now selling identical models for significantly less. Watch today's episode to find out their thoughts on this topic and what you should expect when you purchase an investment. ************************ 0:26 – Intro 2:29 – Buy and sell in the same market 5:42 – Do not blame the builders for price fluctuations 6:30 – Be aware of the contracts you sign with the builders 8:54 – You take a risk for every investment 14:03 – Cooling off period on a home purchase ************************ 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 ************************ After successful careers in the automotive industry, entrepreneurs Ariel Kormendy and Adrian Trott decided to inject their passion for growing a brand and providing unrivalled service into the real estate industry. Kicking off their careers in 2011, they quickly became a top-performing team in Canada. Originally a team of two real estate agents in Milton, The KT Team quickly grew to a large team of exceptional REALTORS®, an administrative department and an in-house media department, taking their proven processes and unique services across most of the Golden Horseshoe. Follow them on social for behind-the-scenes footage, real estate tips, industry secrets and more.