In Toronto’s west-end enclave known as the Kingsway, many residents are familiar with one grand estate that has belonged to the same family since it was built nearly 100 years ago.
“If it’s a builder, the whole neighbourhood is going to cry,” Ms. Battle told the family. She received many calls from people who lived nearby.Royal LePage Real Estate Services Ltd. There are buyers for every house, she says, but agents need to know their market and their neighbourhood. Shawn Lackie, a real estate agent with Coldwell Banker R.M.R. Real Estate, says having the right strategy is crucial in most areas and price segments.Royal LePage Real Estate Services Ltd.
“You’re always going to get a couple of people who are hyper-competitive. It’s not even so much about the house as winning the competition.” Mr. Lackie points to the rural community of Little Britain, Ont., where a house on a one-acre lot was listed with an asking price of $579,000. Soon after, a neighbour put his house on the market with an asking price of $849,000 and an offer date one week later.The seller reduced the asking price to $819,000 and ended up settling for about $800,000, Mr. Lackie says.
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