3 warning signs for Boston condo sellers

#1: Only one of the spouses has seen the condo.

Boston condos are selling even in the midst of the winter months of New England. Professionals are relocating here for hi-tech and finance jobs. It is not uncommon to meet one spouce at a showing while the other is working in their home state.

If you accept an offer on your condominium from one of these buyers, you run the risk that the other spouse will not be happy with the offer.

#2: The buyers offer contains every conceivable contingency.

Contingencies are components of the buyer’s offer which detail the conditions under which the buyer will buy your Boston cond0.  The fewer the contingencies, the fewer the number of hurdles that need to be cleared between accepting an offer and getting to closing day. The perfect offer is one that has almost no contingencies and the only way the buyer can get out of the contract is by forfeiting their earnest money.

If a buyer’s offer has every possible contingency, they might be a little on the overly-cautious / cold feet.

#3: “We just started looking yesterday”.

Your listing agent meets the new Boston condo buyers at the open house and they display buyer enthusiasm. And why not! Buying a Boston condo is thrilling, nerve racking and fun at the same time.  They gush about how much they love the condo and then they tell you, as they hand you the offer, that they just started viewing properties yesterday.

Author Profile

John Ford
John Ford
EXPERIENCE

Over the course of 20 years in the Boston downtown real estate market, John represented and sold numerous, condominiums, investment and development properties in Greater Boston and in the surrounding suburbs



In addition to representing Boston condo buyers and sellers, John is currently one of the most recognized Boston condo blog writers regarding Boston condominiums and residential real estate markets. John's insights and observations about the Boston condo market have been seen in a wide variety of the most established local & national media outlets including; Banker and Tradesman, Boston Magazine The Boston Globe, The Boston Herald and NewsWeek and Fortune magazine, among others.



HISTORY

For over 24 years, John Ford, of Ford Realty Inc., has been actively involved in the real estate industry. He started his career in commercial real estate with a national firm Spaulding & Slye and quickly realized that he had a passion for residential properties. In 1999, John entered the residential real estate market, and in 2000 John Started his own firm Ford Realty Inc. As a broker, his clients have come to love his fun, vivacious, and friendly attitude. He prides himself on bringing honesty and integrity to the entire home buying and selling process. In addition to helping buyers and sellers, he also works with rental clients. Whether you’re looking to purchase a new Boston condo or rent an apartment, you’ll quickly learn why John has a 97% closing rate.

AREAS COVERED

Back Bay

Beacon Hill

Charles River Park

Downtown/Midtown

North End

South End

Seaport District

South Boston

Waterfront

Brookline

Surrounding Communities of Boston
Contact
John Ford and his staff can be reached at 617-595-3712 or 617-720-5454. Please feel free to stop by John's Boston Beacon Hill office located at 137 Charles Street.




John Ford
Ford Realty Inc
137 Charles Street
Boston, Ma 02114

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