House Listed for $100K Below Market value

Check this CTV story out of an open house in the ultra-competitive Toronto housing market where the Lister has put a home up for sale around $100K below list price.

 

What happened? Well over 200 people showed up as interested buyers for the duplex. The seller said she got what she wanted in terms of response, and said the demand and bidding for the home will raise the value to what the market is really worth.

 

We’ll see if this tactic works in Toronto.

 

The video can be seen here: http://www.ctvnews.ca

 

Post written by Alexis Hlady

Recent Post

Often determined to be residential properties that are below our standards, fixer-upper homes typically need mild to mid-level rehabilitation work to be viable for resale.

Buying a house—no matter how much money you have—is always a major investment. The past few years have seen a large and growing amount of

Ah, it’s finally March which means spring is right around the corner (at least we hope it is)! It also means if you’re thinking about