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Alex Goodman

GTA · Custom-built home

My own acquisition: a custom build, bought well under market — on my terms.

List price

$2,400,000

Est. market value

~$2,200,000

Acquired

$1,900,000

Negotiation

~1 month

The situation

This one is mine. A custom-built home came to market at $2,400,000; my read on fair value was about $2,200,000. Most buyers either pay near list or walk away. I did neither — I put the same negotiation method I use for clients to work on my own purchase.

What I did

  • 01Anchored to value, not to the list price — and built the case for roughly $2,200,000 with comparable evidence.
  • 02Negotiated on the terms and conditions the seller actually cared about, not price alone — a clean deal, with flexibility where it counted.
  • 03Stayed patient across about a month of back-and-forth instead of forcing a quick yes.
  • 04Held my number and let the relationship with the other side carry it the rest of the way.

The outcome

Acquired at $1,900,000 — about $300,000 under my estimate of market value, and $500,000 under list — after roughly a month of negotiation, structured on my own terms and conditions. I don't only negotiate this way for clients. I do it with my own money.

Priced against

List price
$2,400,000
Estimated market value
~$2,200,000
Acquired (this deal)
$1,900,000

Want the same on your side?

Alex Goodman, Sales Representative · RE/MAX Your Community Realty, Brokerage · 8854 Yonge Street, Richmond Hill, ON L4C 0T4
Each office independently owned and operated. REALTOR®. A member of the Canadian Real Estate Association and more.