In real estate investing, timing the market involves weighing the opportunity cost of selling high against the potential gains from buying low; a client who could have sold their Toronto property for 20% more chose to buy a larger property further north, which subsequently declined 35% from its peak, ultimately selling their original property at 12-13% below market peak.
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Real Estate Strategy: Sell High, Buy Low Dilemma #shorts本站添加:
True.
>> And I'll give you a great example. We had a client that had the same dilemma because we could have sold their property originally when we talked to them for easily 20% more than what we actually ended up selling it right now.
But what then they ended up buying and they were buying, you know, way north of Toronto.
Um they bought a huge property and that property from the peak was probably down 35%. So they sold We ended up actually selling it I would say their property roughly around 12 13% below the peak of the market.
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