Are Boston condo buyers getting scared?
Boston Condos for Sale and Apartments for Rent
Are Boston condo buyers getting scared?
What’s happening to the Boston condo for sale market? Are Boston condo buyers getting panicking with mortgage interest rising?
Peace be With You
Buyers receive 60% rebate from our portion of the broker fee
As a home seller, it sounds like you have a solid grasp of the current 2026 landscape. Times are changing and we plan to keep up with it. We now provide 1% listing fee for Boston and North Shore areas. Here is a concise breakdown of how those Ford Realty tiers typically function based on the service levels you’ve identified:
Renters: Flat Fee for Boston apartment renters $1,000.00, regardless of the price of the apartments rent.
1. Basic “Entry Only” – $500.00
- Visibility: Your home is listed on the local MLS, which syndicates to Zillow, Realtor.com, and local brokerage sites.
- Your Role: You are the primary point of contact. You handle photography, scheduling all showings, vetting buyers, and all contract negotiations.
- Best for: Experienced sellers or those comfortable managing real estate paperwork and logistics independently.
2. Flat Fee (Assisted) – Starting at $1,500.00
- The Upgrade: The broker takes professional photos and handles the listing setup.
- Added Support: You gain professional guidance for the initial setup, ensuring the listing looks polished to attract higher-quality leads.
- Broker Role: 60-day listing, one open house per month, schedule day and evening showings. The negative is that the full fee is due after 60 days even if the house/condo doesn’t sell or go under agreement.
3. Full-Service – 1% Commission
- The Full Package: Professional photography and floor plans are included.
- Active Management: The broker hosts one open house per month and handles day/evening showings.
- Logistics: They are physically present for the BFD smoke detector inspection and the home inspection, taking significant stress off your plate.
Key Financial Reminders
- Buyer’s Side: Regardless of your flat fee, remember to factor in the 2%–3% commission for the buyer’s agent to keep your home competitive.
- Tax/Closing: Budget for the MA transfer tax ($4.56 per $1,000) and ensure all Condo fees are cleared to avoid delays at closing.
BUYERS REBATE
Boston and North Shore Buyers: We provide a 55% rebate of our commission to you, as the buyer, for homes priced over 500,000.
Are Boston condo buyers getting scared?
Nationwide, it appears buyers are getting scared in taking the plunge into purchasing a single-family home or a condominium. In addition, Zillow is predicting a decrease -3.8% in home price in the next year for the Boston condo for sale market.
Watch the video below fro more information and analysis.
Updated: Boston Real Estate Blog 2024
Condo Broker 137 Charles St. Boston, MA 02114
Visit our office at 137 Charles Street, Beacon Hill MA 02114
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