Downtown Boston condos: How to increase appeal to buyers

Condo sellers in downtown Boston have enjoyed very favorable market conditions since 2015. Bidding wars and rising Boston Midtown condo prices have been important factors in the extended sellers’ market, and regional economic conditions are at some of their most prosperous levels in history, but something that was bound to happen started emerging in the final quarter of 2018: the market started cooling, and bidding wars weren’t as lively as they had been.  Boston condo buyers aren’t showing the same urgency as they did earlier in the year, and a few sellers have decided to lower their listing prices.

While the downtown Boston condo market hasn’t turned against sellers, there’s a greater need to make listings more attractive to prospective buyers. Boston Midtown real estate agents will continue to do their part by reminding their clients that condos tend to be more affordable, particularly regarding maintenance. It’s up to sellers to apply the following strategies and make their listings stand out in the market.

Stage for Space

Reduced square footage is one of the aspects of condominium living prospective buyers tend to feel apprehensive about, and this is something sellers must keep in mind before they start showing their properties. Staging is a collection of techniques that can be used to make real estate listings not only more attractive but also more interesting to certain buyers. Staging for space is ideal for attracting all prospects, and it involves scaling things down, eliminating clutter, replacing large furniture with small and stylish pieces, providing lots of illumination, and highlighting balconies or terraces when available.

Stage for Style

Motivating bidders and attracting potential buyers with deep pockets is also a matter of styling. The goal is to make a listing look like it could be on the cover of Architectural Digest. Some real estate professionals work with interior designers and professional photographers on elaborate staging projects. Staging for style may involve additional costs and a greater effort on the part of the listing agent, but it tends to be very effective.

Highlight Amenities

Many Boston Midtown condo buyers are amenity hunters who look for state-of-the-art fitness centers, rooftop swimming pools with fire pits, wine cellars, luxurious lounges, reading rooms with broadband Wi-Fi networks, concierge service, and spectacular views. Showcasing amenities is a proven strategy used by developers of condominium towers, and it can certainly work for individual unit sellers.

Prepare to Compete on a Financial Level

Listing a Boston downtown condo unit far below market price can make it very attractive, but that doesn’t mean you have to sell at such low prices. Competitive pricing can be strategic. Bidding wars usually start when sellers flock to a listing priced just below comparable offers, and those listings end up selling higher by the time they reach the closing table. Offering to help with closing costs or even paying the first year of homeowners association fees is another technique to sweeten the deal.

It’s always a good idea to make your condo as attractive to buyers as possible, and that’s even more true in a changing market. One of the best moves you can make is to work with real estate agents who have years of experience in downtown Boston real estate. The professionals at Ford Realty we know what Boston luxury condo buyers want and how to attract their attention. Call us today at 617-720-5454 to schedule an appointment.

The Least expensive Boston High Rise condos. Asking prices vary every day.

Sorry we are experiencing system issues. Please try again.

Sorry we are experiencing system issues. Please try again.

[optima_express_toppicks id=”796840″ sortBy=”pa” displayType=”list” resultsPerPage=”20″ header=”true” includeMap=”false”

Click here to view: Downtown Boston condos sales data

Boston condos for sale

Beacon Hill condo for sale

Back Bay Boston condos for sale 
Beacon Hill  Boston condos for sale
Charlestown Boston condos for sale
Navy Yard Charlestown  Boston condos
Dorchester Boston condos for sale
Fenway  Boston condos for sale
Jamaica Plain Boston condos for sale
Leather District Boston condos for sale
Midtown/Downtown  Boston condos for sale
Seaport District Boston condos for sale
South Boston condos for sale
South End Boston condos for sale 
Waterfront condos for sale 
North End condos for sale
West End  condos for sale
East Boston condos for sale

Boston condos for sale near Beacon Hill

Back Bay Boston condos 
Beacon Hill  Boston condos
Charlestown Boston condos
Navy Yard Charlestown  Boston condos
Dorchester Boston condos
Fenway  Boston condos
Jamaica Plain Boston condos
Leather District Boston condos
Midtown  Boston condos
Seaport District Boston condos
South Boston new condos
South End new condos 
Waterfront new condos 
North End  new condos 
West End new condos
East Boston condos

Click here back to Boston Real Estate For Sale Search

Ford Realty – Boston Real Estate Google Reviews 2020 and 2021