A prelisting Boston condo inspection is an inspection that sellers invest in before they list their properties. The resulting reports can help property owners get top value for their Boston condos in Downtown/Midtown while avoiding a number of preventable complications. Prelisting inspections can even expedite the sales process by giving prospective investors the confidence they need to submit fair offers.

Identify and Address Problems Early On

One off the greatest benefits of these inspections is the fact that they help homeowners identify issues so that these can be repaired early on. For sellers who are willing to make necessary improvements in order to increase the marketability and appeal of their properties, this is one of the most effective ways to prioritize the related work. It is important to note that unidentified and undisclosed issues can lead to buyers backing out of sales at the last minute. Not only is this frustrating and time-consuming, but it can also make future investors leery of the property.

Accurate Pricing

When buyers have a clear understanding of the different repair and improvement projects that are required, pricing properties accurately becomes easy. Studying the recent sales prices of Boston Midtown/ Downtown Boston real estate is certainly one part of these efforts, but it is also vital to account for the specific nuances and needs of the condo that is actually being sold. Setting a price that is truly reflective of the property’s current condition is far better than pricing it too high and losing ground in negotiations.

Create a Bidding War

Having prospective buyers enter into a bidding war by generating multiple offers will give sellers the best opportunity to get optimal returns on their investments. This is something that sellers can do by giving prospective investors plenty of upfront information for peace of mind. These individuals will still need to have their own inspections performed, but they can rely on pre-listing inspections for determining whether or not homes are worth pursuing. Buyers tend to have far more confidence when they have access to these reports.


Make All Necessary Disclosures

Paying for a prelisting condo inspection does not necessarily mean that you have to fork out additional money for repairing all of the issues that this inspection identifies. Instead, you can simply disclose these issues and make sure that they are reflected in your sales price. During negotiations, you can even show buyers how you arrived at your numbers and why you feel that your pricing is fair. Being forthright with potential buyers will allow you to legally protect yourself. It can also foster a considerable amount of trust.

 

Work with an Experienced Real Estate Agency

Navigating every aspect of selling a property can be confusing, and working with an experienced agent at a reputable real estate company can make all the difference. If you’re in the market, consider us. We specialize in Downtown Boston.

 

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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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