The simple answer is that you won’t get proof from a listing Boston real estate broker that there are other offers on the table. Moreover, when it comes to a conflict of interest, the listing Beacon Hill broker is there to serve the interests of the seller and get the seller the highest offer for the Beacon Hill. Understanding that the listing agent owes his or her fiduciary to the seller is key to the whole transaction.
In other words, the listing agent is allowed to “shop” your offer, as it is known in the field. How does that happen? You make an offer, and then the agent calls the other brokers who have been looking at the Beacon Hill condo to alert them that a “good offer” has come in and they should come forward with their best offer. And, yes, this sort of behavior might actually start a bidding war.
Click here: Beacon Hill condo sales data September 2019
Highly sought-after luxury listings, a constantly changing market, tough competition—successfully buying and selling in the Beacon Hill condo market means staying up-to-date on all of the Boston real estate trends.
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