Are there any Boston condo deals out there? The answer is yes. Many times throughout the year I will see Boston condos come on the market that may not be priced correctly. Most of the times it is because the agent does not know the Boston condominium market well and as result didn’t to price the condo for sale properly. Sometimes they over price them, sometimes they under price them and as a result, create good buys for a buyer! Last weekend, an example of this happened. It was at a very high price point, but still a good buy for the new owners. Last week I wrote about a new listings that came on the market. The agent that acquired the listing is a well known luxury agent that is known for high end single-family homes, not condos. The listing came on the market at a surprising low number for a luxury condo. As I said, YES, buyer’s can find deals in this market!To me, this shows a good example of working with a Boston condos specialist.

While the above…not mentioned agent, has a decent reputation for higher end homes, this agents expertise is not in the Boston condo market. I am not sure why the owners selected the agent but I have my suspicions.  Some agents will try to sell their companies “wide global reach” in a sales pitch to get a listing in the high end of the market. To me, this is a little bit of smoke and mirrors because of the internet. With the internet, an agent with a good bit of knowledge of marketing on the internet, can easily get their listing “worldwide”. Keep in mind, condo specialist market to condo buyer’s everyday and maintain a pipeline of qualified buyer’s. Sometimes local, sometimes international. The point I want to make here gets back to today’s topic: Finding deals in this market. As long as you have agents that do not fully understand the Boston condo market, you will always be able to find a deal because those agents will not always understand how to price a unit. Many don’t understand the difference between being on the 3rd floor on the west side vs 15th floor on the east side. Some don’t understand the difference from having a protected view vs an unprotected view and many of the other issues that come into play when pricing condos. Bottom line if you don’t want to be one of those seller’s that is creating a great buying opportunity for a buyer, make sure you interview a condo specialist.

  1. SEARCH BOSTON CONDOS FOR SALE & RENT

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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