The Dalinda Report, March 2012, is out! How to increase values at Palace Place, a 06 suite case study.

The Dalinda Report March 2012The new issue of The Dalinda Report has just been posted!

CLICK HERE TO DOWNLOAD

In this special issue, Luke Dalinda presents a case study of 06 suite sales at Palace Place to show how all owners can increase the value of their suites. An excerpt follows.

Palace Place had experienced a solid start to 2012. Total sales had decreased from 3 sales in the first three months of 2011 to 2 sales in the first three months of 2012.

How to increase the values at Palace Place: A 06 suite case study

In 2010, I had set the record price for 06 suites at $371 per square foot. At the end of 2011, I had set another record price for 06 suites at $380 per square foot.

Other Palace Place realtors have recently sold 06 suites for as low as $352 per square foot.

This clearly demonstrates that, since 2010, my 06 listings have sold for between $35,000 to almost $70,000 more in price, as compared to these recent sales (Source: Toronto Real Estate Board MLS). 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.

My goal for 2012 is to increase all prices per square foot for Palace Place. So, if you would like to set another record this year, I am your man!

Last year, I had single handedly set the record price for our 02 suites at $420 per square foot. I have been setting record prices at Palace Place since my very first listing in 1997 just after Palace Place had achieved its independence from Citibank.

This year, I have just listed Suite 4305. I have listed it for $645,000, which is only $432 per square foot for one of the best suites in the building and one of the best views in Toronto. When those shoebox condominiums down the street get $600 per square foot or more, Suite 4305 is clearly an incredible deal!

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!

Contact Luke Dalinda at LDALINDA@DALINDA.NET or 416-236-1871.

They just do not build them like Palace Place.

Palace Place Broken Balcony GlassToronto condominium owners have launched a class action lawsuit against the builders of their condominiums for negligence in the use of glass that shatters easily.

https://toronto.ctv.ca/servlet/an/local/CTVNews/20120308/toronto-condo-broken-glass-suits-120308/20120308/?hub=TorontoNewHome&cid=top

This is a worry that Palace Place has never faced.

Palace Place windows have survived 19-years of the strongest winds and wickedest weather, and they still shine like the day they were installed.

Today, condominium buildings are built rapidly with the construction workers and builders focused on the next big project. Palace Place had been built in a very different time and in accordance to the strictest quality standards.

The builders of Palace Place had known that this was not just another condominium building. They had realized that Palace Place would be a landmark that would be a living tribute to their hard work, dedication, and talent that would stand the test of time. This view of construction has long been lost in our current age of extreme consumption.

Read more about Palace Place’s superior construction in “Palace Place” by Luke Dalinda. https://www.Dalinda.net/PalacePlaceBook

Palace Place Book

JUST LISTED: Palace Place, 1 Palace Pier Court, Suite 4305 – $645,000

Palace Place Suite 4305Palace Place Suite 4305

1 Palace Pier Court, Suite 4305 – For sale at $645,000

On a clear day, you can see forever! Breathtaking is the word that best describes Palace Place, which is the most prestigious, luxurious, and best managed waterfront condominium residence in Canada. Suite 4305 is a magnificent condominium residence, with approximately 1,491 square feet of living space and enchanting views of the lake. Click for flyer. Call or send an email now to Luke.

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!

CLICK HERE TO DOWNLOAD

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.

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.