What Are Concessions?
Real Estate Concessions are not unlike other concessions.
In broad terms concessions can be defined as items that are granted, especially in response to demands; a thing given up or traded in favour of something else or a perceived greater good.
While we’ve all heard the phrase “cash is king”.
This, when applied to a real estate transaction, may inadvertently give people new to the market or revisiting it after a hiatus the impression that there only “wheeling and dealing” that can happen is around a property’s purchase price. We, at Canadian Real Estate Wealth, are here to tell you that that is simply not the case.
To help us make a case in favour of concession beyond the almighty dollar amount of the purchase price, we’ve enlisted the help of two fantastic, talented and veteran REALTORS ®, Tony Sbrocchi and Aleksandra Nowak. Nowak and Sbrocchi work in, what is arguably the most competitive market in the province, if not the nation; the Greater Toronto Area.
Why Consider Non-Monetary Concessions
Read more: https://www.canadianrealestatemagazine.ca/news/buyers-guide-concessions-beyond-the-aps-335317.aspx