The Dalinda Report, February 2012, is out! Luke examines a strange market phenomenon at Palace Place.

Palace Place, 1 Palace Pier CourtThe new issue of The Dalinda Report has just been posted!

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In this special issue, Luke Dalinda discusses a strange market phenomenon at Palace Place that he has observed since 1997. An excerpt follows.

Having served Palace Place since it had achieved its independence from Citibank in 1997, I have noticed a strange market phenomenon at Palace Place.

Palace Place suites tend to go on the market at the same time. This trend goes back all the way to 1997. When a 02 is listed, another 02 suite follows.

While any suite would sell at a record price right now, such a suite would not receive a record price when competing against three to four suites of the same floor plan.

This is why market positioning is critical to your getting the highest price possible for your suite.

Simply listing your suite on MLS is not enough! Listing on MLS alone could cost you thousands of dollars without the added value of strategic advertising and promotion.

You need a realtor who has serviced Palace Place from the beginning. You need a realtor who has tracked every single sale and market condition since the beginning.

I am the #1 top selling Palace Place resident realtor. I have been doing this since 1997. I am on-site and on-call 24/7. I am the only Palace Place realtor that is a Platinum Level Marketer in The Toronto Star, and I have advertised the most in The Globe & Mail. Add my website, homes and condos newsletters, Facebook, and other strategic initiatives, and you will quickly discover why I get the deal done!

I have a few clients waiting in line for more units. Please call me if you are interested in selling your suite. I offer more marketing services for less commission dollars. In fact, in 2011, I had come up with very creative, original solutions that had allowed several clients take home up to $25,000 on top of their sale price!

I promise to work passionately to help you achieve the next record price at Palace Place.

The Dalinda Report is the original Humber Bay Shores newsletter, and it has been serving residents with solid financial data for over 15-years!

JUST LISTED! 2289 Lake Shore B W, Townhouse 131

2289 Lake Shore B W, Townhouse 131At the water’s edge, Townhouse Suite 131 is a magnificent, rare townhouse condominium residence, with 2,268 square feet of living space, plus a magical 28×16 foot terrace, and absolutely enchanting water views. Click for flyer. Call or send an email now to Luke.

Royal LePage continues to be the #1 brokerage in the GTA.

Palace Place #1 BrokeragePut the power of Toronto’s #1 real estate brokerage to work for you. Contact Luke Dalinda today. LDALINDA@DALINDA.NET

Royal LePage Real Estate Services Ltd., Brokerage

(The company-owned brokerage firm)

Royal LePage is Toronto’s #1 real estate brokerage, and such achievement has been based on the value of listings that had been sold each year from 2004 to 2011 from TREB MLS data.

CIBC FirstLine is no longer accepting applications from “stated-income” homebuyers.

CIBCFirstLine MortgagesCIBC FirstLine has decided to stop accepting applications from self-employed homebuyers. If all major banks follow this move, it could have a devastating effect on our real estate industry.

Steve Garganis, a broker with The Mortgage Centre, had said, “These aren’t B-level homebuyers. This is your next-door neighbour who’s maybe a consultant who works from home. This is your contractor or anyone who isn’t taxed by their employer every paycheque and is considered self-employed. This is a huge segment of the population.”

Read the entire feature here.