Pre-construction and Assignment Sale

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These days, all clients ask us about Pre-construction projects and Assignment sales. That is why we would like to talk about both in this post. We are trying our best to explain everything and educate our clients. So, if you have any questions, please reply.

What is the pre-construction project?

The construction companies make some plans and price lists based on their requirements. Then they will provide documents to investors and buyers as well as salespersons. This pre-construction planning stage involves defining the project, identifying potential issues, planning and scheduling, the scope, cost estimation, and analysis of the job’s needs. In addition, a pre-construction sale is where a developer sells homes in development before construction has been completed. Buying a home that doesn’t yet exist may sound risky. But if you take the time to understand the process, as well as how to protect yourself, a pre-construction home or condo can be a great investment of your time and money. 

What is the Assignment Sale?

An assignment is a sales transaction where the original buyer of a property (the “assignor”) allows another buyer (the “assignee”) to take over the buyer’s rights and obligations of the Agreement of Purchase and Sale before the original buyer closes on the property.

On one hand, we are working with many property owners and builders. On the other hand we are working with buyers and investors. So, if you would like to sell/buy a property, be in touch with us. Also, we have many Pre-construction and Assignment Sale for you.

BABAK MEHRABI, Real Estate Salesperson




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