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Pre-Construction Condos: Why Builder Reputation Matters
Manage episode 387529287 series 3502376
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A builder's reputation is indicative of their quality and reliability, and a good reputation often means the builder delivers high-quality projects on time and within budget. The factors contributing to a builder's reputation include their track record, customer service, and transparency.
Do your research into the builder's history and reputation, check reviews from previous buyers, and ensure the builder has a strong quality assurance program. And understand the pre-construction phase, where a certain percentage of units must be pre-sold before construction can begin. This phase helps ensure the developer has sufficient funds and gauges the demand for the project.
Article of interest: GTA developer ordered to pay $180K after illegally selling pre-construction homes (msn.com)
Contact Nicole Lopez
Real Estate Agent
Royal LePage Credit Valley Real Estate, Brokerage
Email | Website
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