steveve
Senior Member
WOW!!... this is CHAOS!
I don't recall anything like this happening with X1
I don't recall anything like this happening with X1
- Thread starter cdr108
- Start date
threnody
Active Member
WOW!!... this is CHAOS!
I don't recall anything like this happening with X1
Have you been following this stuff since you were 11!?
cdr108
Senior Member
3 b's
Roy G Biv said:
Runningbear said:
is this isn't bubble mentality, what is ???
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urbandreamer
recession proof
Maybe ppl just love having lots of seX?
Can't wait 'til X3 and X4 launch.
Can't wait 'til X3 and X4 launch.
G
gabe
Guest
What a mess this is, I saw the "breaking news story" on cp24 this morning
marcus_a_j
Senior Member
Too many agents, not as many pieces of the pie. When new condos were being released on a weekly basis, every Tom, Dick and Harry were getting their real estate license to get a slice of the action. Now with very limited projects being released, what else are they gonna do?
yyzer
Senior Member
It's not that there are too many agents...each one in line is representing at least one buyer....it's that there is not enough new product being launched...I am sure the builders are watching this with great interest....
Observer Walt
Senior Member
^ The number of agents has little to do with it. Great Gulf have managed to alienate some agents, the people on whom they are depending for sales. Not a smart move. They should have learned something from Bazis.
cdr108
Senior Member
maybe they will offer them first dibs for 1BE, or whatever it's called now, as a peace offering.
madmolecule
New Member
The company's actions, as described in the news story, make no sense. For at least 3 days, they should have known that 2 lines had developed, but made no attempt to inform people of the correct place to line up (which was apparently in a different place altogether)?
Maybe they are trying to stir up publicity and consequently prices, but they seem to be risking their reputation (and lawsuits?).Dannyo
New Member
It's really Baker Real Estate not coordinating anything. The developers hire this brokerage to take care of their sales portion so it's up to them on making it run smoothly but they don't. It was also them doing OneSherway last weekend, although it wasn't as crazy, it was still totally unorganized. These developers need to hire a better brokerage who is willing to make things civilized, what's so hard about taking numbers.
Ramako
Moderator
If demand is so fierce, why not hold an auction for units?
zeeden
Active Member
Makes no sense to me either. I guess they didn't really care, they knew they were going to make their money anyways. So it didn't matter which line was first.
cdr108
Senior Member
and these are the same type of people one trusts with the largest purchase of their lives ... good luck !
khris
Senior Member
2 lines of buyers create anger at condo sale
Two separate lines of potential buyers of a new condo development in downtown Toronto created a lot of confusion and anger among those waiting to purchase a unit.
At least three dozen people were hoping to buy units in the new X2 Condos at Jarvis and Charles streets.
By Wednesday morning there were two lineups, each claiming the right to have first crack at the units.
Some people in one line said they had waited since Nov. 15 and were upset with others who showed up Tuesday night.
The first line started 10 days ago outside the Intercontinental Hotel, the CBC's Andrew Nichols reported. Police told clients' real estate agents waiting in that line to cross the street and wait on the south side of Bloor.
On Tuesday evening, police told those in that line to move back to the north side of the street, which caught many off-guard.
"We feel it's kind of like cheating," one woman said.
"I really believe that people that have been dedicating 10 days of time and energy to work on behalf of their clients should be rewarded quicker than people that were here 10 hours," a man said.
The developer told CBC News it had nothing to do with managing the lines and it was up to the real estate firm handling the sales. That company didn't return calls.
Two separate lines of potential buyers of a new condo development in downtown Toronto created a lot of confusion and anger among those waiting to purchase a unit.
At least three dozen people were hoping to buy units in the new X2 Condos at Jarvis and Charles streets.
By Wednesday morning there were two lineups, each claiming the right to have first crack at the units.
Some people in one line said they had waited since Nov. 15 and were upset with others who showed up Tuesday night.
The first line started 10 days ago outside the Intercontinental Hotel, the CBC's Andrew Nichols reported. Police told clients' real estate agents waiting in that line to cross the street and wait on the south side of Bloor.
On Tuesday evening, police told those in that line to move back to the north side of the street, which caught many off-guard.
"We feel it's kind of like cheating," one woman said.
"I really believe that people that have been dedicating 10 days of time and energy to work on behalf of their clients should be rewarded quicker than people that were here 10 hours," a man said.
The developer told CBC News it had nothing to do with managing the lines and it was up to the real estate firm handling the sales. That company didn't return calls.