One of the biggest mistakes people make when selling their Beacon Hill condo is not understanding real estate value. It doesn’t matter what you think your Downtown Boston condo is worth. The value is determined by buyers. What you enjoyed about your condominium is irrelevant when it’s time to sell. Use some of the following tips to get started.
- Know the Downtown Boston condo market. Find out what other similar properties have sold for.
- Decide on your minimum price. Be willing to work with any buyers who make an offer above it.
- Clean and fix the most visible items first. If buyers fall in love with the condo as soon as they enter it, they’ll forgive many minor issues.
- If you or your agent aren’t getting many calls, find out why. Is more advertising necessary or is the price too high? Drop it fast if the price is the problem. Be careful not to chase the market down with a series of insignificant price drops.
- Listen to comments of prospects. If you hear several times a room is dark, white paint is an easy solution.
- If there are any known problems, such as a leaky faucet, get an estimate for repairs. The buyer wants to move into a place that is worry free.
- Do any improvements that can realistically get you at least a two-to-one return on investment.
Not sure where to start? Call the Ford Realty team at 617-595-3712.
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Condos around the Beacon Hill area to rent:
Back Bay area condos for rent
Beacon Hill area condos for rent
Charlestown area condos for rent
Navy Yard Charlestown area condos for rent
Dorchester area condos for rent
Fenway area condos for rent
Jamaica Plain area condos for rent
Leather District area condos for rent
Midtown area condos for rent
Seaport District area condos for rent
South Boston area condos for rent
South End area condos for rent
Waterfront area condos for rent
North End area condos for rent
West End area condos for rent
East Boston area condos for rent