Even though there’s a big buyer demand for Seaport condos with today’s low inventory market, it doesn’t mean you should price your Seport District home as high as the sky when you’re ready to sell.

The Importance of Pricing Real Estate Right

Here’s why making sure you price it right is key to driving the best price for the sale.

If you’ve ever watched the show “The Price Is Right,” you know the only way to win the game is to be the one to correctly guess the price of the item up for bid without going over. That means your guess must be just slightly under the retail price.

When it comes to pricing your Seaport home, setting it at or slightly below market value will increase the visibility of your listing and drive more buyers your way. This strategy actually increases the number of buyers who will see your Boston condo for sale in their search process. Why? When potential buyers look at your listing and see a great price for a fantastic home, they’re probably going to want to take a closer look. This means more buyers are going to be excited about your condominium and more apt to make an offer.

When this happens, you’re more likely to set up a scenario with multiple offers, potential bidding wars, and the ability to drive a higher final sale price. At the end of the day, even when inventory is tight, pricing it right – or pricing it to sell immediately – makes a big difference in the Seaport condo sales market.

Here’s the other thing: Boston real estate homeowners who make the mistake of overpricing their homes will eventually have to lower the prices anyway after they sit on the market for an extended period of time. This leaves buyers wondering if the price drops were caused by something wrong with these Boston condos for sale when in reality, nothing was wrong, the initial prices were just too high.

Boston Real Estate for Sale and The Bottom Line

If you’re thinking about selling your Seaport condominium this year, let’s get together so you have a professional on your side to help you properly price your home and maximize demand from the start.

Boston Seaport Condos for Sale

Boston Seaport Complexes With Available Units Right Now 

Loading...