What Is an Assignment Sale? (Benefits for Sellers and Buyers)

If you’ve purchased a pre-construction condo unit and you want to sell it before it's built, you might benefit from an assignment sale. An assignment sale is the sale or assignment of a pre-construction condo unit in the form of a contract. An assignment sale can be mutually beneficial for both the buyer and the seller. Catch the video to find out how. Get More Great Tips: Subscribe ➜    / gtadashhomes​​   Real Estate Info: Our Website ➜ https://www.gta-homes.com/real-estate... NEW: Our Investment Presentation Seminar is now available twice a week ➜ https://www.gta-homes.com/online-cond... Who Are We? Buying, selling or investing in a pre-construction condo is one of the biggest and important decisions you will make in life. Your success depends on the representation you choose. Our highly-trained real estate professionals at GTA-Homes bring you seasoned guidance and a full-service experience through our comprehensive knowledge of the current housing market. This knowledge produces top results. C O N N E C T W I T H U S: www.GTA-Homes.com Instagram: @GTAdashHomes Twitter: @GTAdashHomes Facebook: GTA-Homes LinkedIn: GTA-Homes 00:00 - Introduction 00:11 - What Is an Assignment Sale? 00:42 - Benefits of Assignment Sale for Seller 00:52 - Benefits of Assignment Sale for Buyer 01:17 - The Process of Selling an Assignment 02:00 - An Example of an Assignment Sale 03:26 - Breaking Down the Numbers of an Assignment Sale 04:40 - The Documents Involved in an Assignment Sale 05:00 - Additional Adjustments at Final Closing 06:00 - Assignment Fees