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KITCHENER, ON, September 24, 2016 /24-7PressRelease/ -- The Grand River Woods Townhome pre-construction project in Cambridge, Ontario, by Fernbrook Homes and Crystal Homes and sold exclusively by Realty Point franchise brokerages, sold out in two days with a total of 119 townhomes snapped up by investors and future residents.
"The Grand River Woods project illustrates the faith that Fernbrook Homes and Crystal Homes places in the sales ability of Realty Point franchise brokerages" said Zia Abbas, owner and president of Realty Point and Broker of Record of World Class Realty Point Brokerage, "and our agents were able to sell out the available 119 townhomes and 6 additional detached home lots in less than two days."
As reported by CTV News Kitchener, buyers were lined up overnight to be able to secure one of these townhomes, priced starting from the mid $300s. Home prices in Cambridge are starting to rise, along with the price increases seen in the Greater Toronto Area, but still remain affordable in comparison.
Realty Point sold Grand River Woods detached homes earlier this year and 90% of the lots were sold out in two days. Future releases at Grand River Woods will see the same high level of buyer interest based on a number of factors including:
• Convenient Cambridge location
• High quality home builders
• Commuter distance to Milton, Mississauga and Toronto
• Master-planned community on the Grand River
"We are proud of our reputation for sales in the builder community," continued Zia, "and our agent's ability to qualify potential buyers and understand client requirements when evaluating investments in pre-construction projects which sets Realty Point agents apart."
Realty Point franchise brokerages and agents, with over 700 low-rise and high-rise preconstruction unit sales so far in 2016, continues to outperform other agents in the Greater Toronto Area.
The deciding factor for Realty Point to become involved with any pre-construction project is based on current client requirements. As long as interest rates remain low and Toronto continues to build up because of the current restrictive land use rules, clients are looking for location and lifestyle, along with high quality properties developed by Ontario's top builders.
"Unlike many agents we don't sell every project that is announced. Our clients expect a reasonable return on their pre-construction investment, whether they will become owner/residents or rent the units out. Often we have exclusive allotments of units reserved for our agents and clients that I hand-pick," said Zia, "because our clients trust us and the developers we work with understand that we can help make their project a sales success and keep them on their timeline to occupancy."
CTV News Kitchener
Realty Point YouTube
About Zia Abbas
Zia Abbas is currently the Owner and President of Realty Point Inc., and Owner and Broker of Record of World Class Realty Point Brokerage (Independently owned and operated). He is a former multiple sales award winner during his career at RE/MAX, including 2011/2012 RE/MAX #1 Worldwide Real Estate Agent for earned commissions. 2013 #2 agent worldwide. 2011/2012/2013 RE/MAX Canadian #1 Agent. From 2009 to 2014 (6 years running) won the RE/MAX Diamond Club Award. Also in 2014 earned the #2 position as Top Canadian RE/MAX agent and qualified for the RE/MAX "Circle of Legends" award with $10,000,000 in gross commissions, although Zia started Realty Point before he had ten years of service with RE/MAX required to receive the award.
Zia now focuses on helping agents and brokers excel in their real estate career either through brokerage ownership of a Realty Point franchise or in his World Class Realty Point Brokerage franchise by bringing additional products of pre-construction projects to add to their current resale home efforts.
About Realty Point
Realty Point Inc, founded in 2014, is one of the fastest growing franchisor of real estate brokerages in the Greater Toronto Area with 14 franchise brokerages to be opened by November 2016. Realty Point offers successful real estate brokers the platform and administrative solution for opening their own full service real estate brokerage by providing the start-up development, RECO registration support and experienced day-to-day office administration staff to manage their brokerage.
Owning a Realty Point brokerage franchise also allows brokers to add exclusive pre-construction products to their resale home efforts, adding an additional revenue stream of highly desirable pre-construction projects to market to their clients, backed with the experience and connections of Zia Abbas.
Realtors that join Realty Point as a franchisee create long-term value with their own company through lower operating costs, the legal and tax benefits of incorporation and the growth of equity in their own company.
About World Class Realty Point Brokerage
Opened in May 2015, World Class Realty Point Brokerage is the flagship brokerage that Zia Abbas owns and operates as the Broker of Record with over 180 agents. Specializing in southern Ontario's pre-construction market, agents that join World Class Realty Point Brokerage gain access to exclusive products in the pre-construction low-rise and high-rise markets and increase their business by adding these products to their resale home efforts.
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