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Can You Still Lowball a Toronto House? I Checked 2,247 Sales

Toronto Home Search w/ Jamie Harnish

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Can You Still Lowball a Toronto House? I Checked 2,247 Sales

41 просмотр · 18 ч назад
Toronto Home Search w/ Jamie Harnish
209 подписчиков
41 просмотр · 18 ч назад
Download the Lowball Offer Odds Sheet here: https://form.jotform.com/263026122279049 If you want to know what a house in Toronto actually costs before you make an offer, the Lowball Offer Odds Sheet breaks down the real odds at every stage of a listing, it's free and it's in the description. Out of 2,247 house sales in Toronto's $1.2M–$1.6M range over the last twelve months, only 18 closed at fifteen percent under asking. You've probably heard it from someone, find a house that's been sitting a while and come in low. Maybe fifteen percent under. Maybe more. It sounds reasonable. But Jamie Harnish pulled every detached and semi-detached sale in Toronto between $1.2M and $1.6M over the past twelve months, 2,247 sales, and the numbers tell a different story than the advice. The question isn't really whether you can negotiate. You can. What this data shows is when you can, and by how much, and what the listing itself is already telling you before you even book a showing. Whether you're shopping in Leslieville, Bloor West Village, Roncesvalles, or anywhere else in inner-city Toronto, the signals are right there, most buyers just don't know how to read them. The biggest shift isn't just about discounts getting larger. It's about timing. A house in its first week and a house that's been up for six weeks are two completely different negotiations, same price range, same Toronto streets, completely different odds. And one of those categories has changed dramatically since 2021 in a way that most buyers haven't caught up to yet. Jamie also covers what the listing history can tell you, what it can't, and the one catch that trips up buyers who think they know how long a house has actually been for sale. The free Lowball Offer Odds Sheet has the full breakdown, odds at five, ten, and fifteen percent under asking, at every stage of time on market, plus the signals to check on any listing before you figure out what kind of offer you're walking into. Link is above. Connect for Your Next Move! Jamie Harnish. Toronto Real Estate Navigator Bosley Real Estate 416-428-8892 jharnish@bosleyrealestate.com https://jamieharnish.bosleyrealestate...   / jamieharnishbosleyrealestate     / jamieharnish   CHAPTERS 00:00 The Toronto lowball claim, what 2,247 sales actually show 01:20 Two rules that change what the numbers mean 01:58 The one signal on every listing that shifts the odds 02:13 What the odds look like at 5%, 10%, and 15% under asking 04:49 Why this market is different from two years ago 06:24 The day-count catch most Toronto buyers never catch 06:59 What a listing can, and cannot, tell you about a seller 09:49 The question that matters more than how low you can go