The process of buying a Seaport condo can feel a bit intimidating, even under normal circumstances. But today’s Boston’s condo for sale market is still anything but normal. There continues to be a very limited number of Boston condo for sale, and that’s creating bidding wars and driving home prices back up as buyers compete over the available homes.
Navigating all of this can be daunting if you’re trying to do it alone. That’s why having a skilled expert to guide you through the homebuying process is essential, especially today. Bankrate shares this perspective:
“Advice and guidance from a professional real estate agent can be invaluable, particularly amid a hot or unpredictable housing market.”
- Experience – Real estate professionals know the ins and outs of what’s happening today, how it impacts buyers, and how to navigate any hurdles that may pop up.
- Education – Knowledge is power when it comes to buying a home. Your advisor will simply and effectively explain market conditions and translate what they mean for you so you can feel confident in your decision.
- Negotiations – Your real estate advisor advocates for your best interests. Having an expert on your side provides assistance with the purchase agreement. An agent can also help you negotiate potential seller concessions if the inspection reveals issues with the home.
- Contracts – Real estate advisors guide you through the disclosures and contracts necessary in today’s heavily regulated environment.
- Pricing – Making an offer and negotiating with a seller can be one of the most difficult and stressful parts of the homebuying process. A skilled agent will help you understand what similar homes are selling for so you have the full picture of what you may want to offer.
All of these reasons combined may be why 86% of recent buyers used an agent according to the latest Home Buyers and Sellers Generational Trends Report from the National Association of Realtors (NAR). NAR also has this to say about why an agent is so essential today:
“A great real estate agent will guide you through the home search with an unbiased eye, helping you meet your buying objectives while staying within your budget. Agents are also a great source when you have questions about local amenities, utilities, zoning rules, contractors, and more.”
It starts with trust. You’ll want to know you can trust the advice they’re giving you, so you need to make sure you’re connected with a true professional. No one can provide perfect advice because it’s impossible to know exactly what’s going to happen at every turn – especially in today’s market. But a true professional can give you the best possible advice based on the information and situation at hand.
They’ll help advocate for you throughout the process and coach you on the essential knowledge you need to make confident decisions. That’s exactly what you want and deserve.
It’s critical to have an expert on your side who is skilled in navigating today’s housing market. If you’re planning to buy a home this year, let’s connect so you have a real estate advisor on your side to give you the best advice and guide you along the way.
Updated: Boston Real Estate Blog 2023
I recently talked to a downtown Boston condo buyer who has worked with a couple of agents this year. When choosing the right buyer’s agent experience is very important but it is also important to choose an agent who has time for you and has positive Google Reviews.
In today’s Boston suburb and in downtown Boston homes are on the market for a very short time. Your agent will need to show you homes on short notice. If that agent is already working with several buyers who have a similar timeline for when they want to buy a house it could end badly.
Your agent will need to work very hard for you. That agent will need to be able to help you make an offer within deadlines imposed by home sellers. Your agent should have experience with the type of housing you wish to buy and the area where you are looking.
In the current market working with home buyers is very challenging for home buyers and their agents. Choose your agent wisely, do not choose the busiest agent.
Ask the agent what his/her limit is on how many buyers they can work with at once and how many they are currently working with.
If the agent doesn’t have a limit that too should be a red flag.
What is a Boston condo buyer’s agent? A buyer’s agent is a licensed real estate agent who is engaged by a property buyer to find a Boston condo and to negotiate and guide them through the process. This would include finding a suitable condo within the buyer’s parameters. Submit an Offer for the property, negotiate a sales price for the condo and guide the buyer through the buying process for a Boston condo.
The above is just a brief overview of the Boston buyer’s agent’s responsibilities to the buyer. The video below gets into more detail in regards to buying Boston real estate for sale with a buyer’s agent.
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Midtown/Downtown Boston condos for sale
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