Don't panick. This is NOT how developers do it. Ive been through the process 2 x and its quite simple. Ideally you want to work in the VIP phase where you will get the best deal. In this phase, you will know pricing, suite layouts, fee installment, if there are any incentives, an assignment fee (how much it will cost you to flip the unit before it becomes a condo - payed to the developer), and generally a development fee capping (what the developer will charge you for fees that the city charges the developer - this includes education levies, and parks/recreation, road sustainability etc.). Once you get all this info you are supposed to act fast and fill in whats called a 'worksheet' through the agent representing you. On the worksheet you specify what unit you would like and what floor, up to 3 choices maybe more. This is now sent to the developers agents who will either accept, deny, or allot you your alternate choice. Once that is done, you go in and sign the paper work and hand over cheques of 5% increments taken out in various times. Then you have your 10 day cooling period to see you're real estate lawyer to work through the agreement. I find most developers don't want to budge on a lot of the fee's that come with new developments, but worth your lawyer trying.
Hope this helps.
