Boston Real Estate for Sale

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First Select a Reputable Downtown Boston Real Estate Broker

Anything you want to know can be found on Google, so when you’re looking to buy in the downtown Boston real estate market for a reputable real estate agent, the first thing they do is research. What does building relationships mean in this new climate where getting back to basics starts with “Hey Alexa?” Old school tactics like handshakes and hugs have gone with the season, but that doesn’t mean you can’t create a special relationship with new clients and prospects every day.

In today’s COVID-19 world online reputation is like a résumé when searching for a Boston real estate company in downtown you should check past clients Boston condo for sale buying experience. This will give you a familiarity that comes with getting to know the broker online before working together. 

Google Reviews for downtown Boston Real Estate Brokers

To find a downtown Boston real estate companies online reputation, start with your website and social media. Check brand consistency by making sure your usernames are the same across the board and if possible, the same as their domain name. Check social media and website and posting to see if there updated when they publish Boston real estate content, make sure the post is speaking to your dream. A downtown Boston real estate company that takes the time to build an online reputation means they care about their business and you as the consumer.

Put In The Hard Work Upfront

In a highly populated, highly connected world,  downtown Boston real estate agents are a dime a dozen. Finding a real estate agent is easy, but finding a trustworthy and skilled real estate agent is like finding a needle in a haystack. If you are looking for a stand out, you have to work your way to the top and be able to adapt to the endlessly changing protocols and trends. We are entering a new normal of mask-wearing in public and keeping a distance from others. A Boston real estate company creating an online presence that resonates with your dream of buying a Beacon Hill or Midtown condo will go a long way for developing new relationships. Despite the chaos, don’t just survive — thrive. 

 

When you enter into an agreement with a Boston midtown condo agent, the agent becomes a fiduciary. A fiduciary is a person who holds a legal or ethical relationship of trust with one or more other parties. Real estate fiduciary duties, in simple terms, define how an agent should work on the behalf of a client.

The National Association of Realtors (NAR) identifies six main duties of a real estate fiduciary:

  • Loyalty
  • Confidentiality
  • Disclosure
  • Obedience
  • Accounting
  • Reasonable care

 Boston Real Estate Broker Loyalty

This simply means that an agent should always be working for your best interests, not anyone else’s or their own. This also means avoiding any conflicts of interest. An agent’s duty of loyalty prohibits him or her from accepting employment from any person whose interests compete with or are adverse to, yours as the buyer or seller. An example would be for an agent to purchase a Boston midtown condo for sale listed with his or her company then immediately sell it for a profit.

 Boston Real Estate Broker Confidentiality

It’s imperative for an agent to keep a client’s information confidential. The information that should be kept confidential would include anything that might impact your bargaining position. An example would be disclosing to a buyer that a seller,  represented by that agent, needs to sell quickly. This, however, does not include an agent disclosing material facts concerning the condition of a property.  To do so would constitute misrepresentation and would impose liability on both the agent and the seller.

 Boston Real Estate Broker Disclosure

An agent is obligated to disclose to his principal all relevant and material information that the agent knows and that pertains to the scope of the agency. Material facts are those that if known by the seller or buyer may have caused them to change their minds. 

 Boston Real Estate Broker Obedience

Your agent must obey your instructions. These instructions must of course be legal and in accordance with your contract. 

 Boston Real Estate Broker Accounting 

Your agent must account for all documents and funds related to the Beacon Hill condo sales transaction. There must be reporting of all the pertinent documents and financials. 

 Boston Real Estate Broker Reasonable Care

The phrase is open to interpretation; most often being defined in a courtroom. The NAR describes it as a “duty to use his superior skill and knowledge while pursuing his principal’s affairs. This duty includes an obligation to affirmatively discover facts relating to his principal’s affairs that a reasonable and prudent real estate broker would be expected to investigate.” It’s akin to the professionalism expected by patients of doctors or clients of attorneys. 

Do agents ever fail in their fiduciary duty? Unfortunately, yes. Not living up to these duties can cause lots of problems for all parties. As an agent, it’s important to hold oneself accountable and focus on the best interests of clients. 

Many breaches of fiduciary duty can occur around full disclosure. And it’s not limited to the property itself. A client shared a story about her first home purchase and the breach that occurred. The situation revolved around the state DOT planning to expand a road near the townhome the individual purchased. The DOT did not have imminent plans to begin the road work, but this part was disclosed. What wasn’t disclosed was that many of the units within the neighborhood had already been purchased by the DOT. This meant that when she was ready to sell years later, the property value had decreased. The listing was less desirable. Had she known the DOT already owned many of the units, she would have decided not to purchase.

Boston Condos for Sale

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Boston condos for sale

Boston Midtown condos for sale

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