Selling a Boston downtown condo can seem like a daunting task, whether you’ve done it many times or are doing it for the first time. There are more ways to sell a Boston condo for sale than ever before, so some research is in order.
One must know how home buyers are finding, selecting, and purchasing Boston condos for sale in order to know the best way to sell a home. What is the best way to market a home for sale in 2022 to get the biggest audience and best possible price?
The National Association of Realtors (NAR) compiles an annual report that shares this and more, all based on careful, comprehensive nationwide research. Having this valuable information removes the guesswork and will tell us the best way to sell a Boston condominium in 2022.
According to the 2021 NAR Report, 95% used the internet at some point in their home buying process (a marked increase from 37% in 2010).
For 41%, searching online was the first step in their home search process, and for 19%, it was contacting a licensed real estate agent.
Other first steps included contacting a lender (9%), driving by homes (5%), attending open houses (2%), and contacting the home seller directly (1%).
Like it or not, the whole world relies on technology now for just about everything. Preparing for this and knowing how to utilize this technology is key.
Sites like Zillow, Realtor.com, and Redfin, to name a few, are good sources for finding homes for sale. The thing to remember, though, is that they get all or nearly all their listings from the local MLS. But not all Boston Condos for Sale are first listed on MLS. that’s where a local Boston real estate website can have a tremendous advantage for you the Boston condo buyer.
Whether the home buyer is searching on a major portal like Zillow, or on a Realtor’s local site like our dynamic, local Boston condo, Ford Realty website, listings primarily or exclusively come from the local MLS, which is turn is primarily fed data by Realtors with signed listing contracts to sell Boston condos for sale
One way to summarize this would be to say that most Realtors use their local MLS to search for homes for their clients, and most Boston real estate website data home buyers are searching for comes directly from MLS systems.
The NAR found that buyers generally spent eight weeks searching and viewing at least three homes before making an offer. After conducting online searches, 55% of buyers did a walk-through of the homes they were interested in, and 38% drove through neighborhoods to view homes’ exteriors.
What Did Homebuyers Find Most Useful when Searching for a Boston Condos Online?
When thinking about what to include in any online postings about the sale of your home, it’s good to know what features past buyers have found most useful in their searches. A significant number of buyers (84%) found photos to be the most useful. Next came detailed information about properties (80%), floor plans (55%), real estate agent contact information (43%), and virtual tours (43%).
What Causes a Home to Sell Across the Country?
What actually causes the home to sell to a buyer across the country?
- Less than 1% of the time = Print Ads, Radio, TV, Video – All Misc. Adverting Combined
- 3% = Already knew the seller, direct sale
- 4% = Yard Signs and all Open Houses Types Combined
- 92% of the time = Internet Home Search (includes friends and family searching for them) + Realtor Search Combined
(The above is for all resale homes, we took out sales done by new construction companies.)
Whatever your reason for wanting to work with an agent to sell your help, we recommend taking some time to find the right one. Check out our Boston Condo Google Reviews for the last 12 months
How We Sell Boston Condo for Sale Faster and for More
Eighty-nine percent of sellers listed their condos for sale on the local Multiple Listing Service (MLS), the top originating resource for home listings to get their homes visible on tens of thousands of real estate websites.
This is only the beginning of making your home visible to as many people as possible. To improve our clients’ chances, we also:
- Pay attention to Google My Business to get more active home buyer views, which leads to more showings and results in more and better offers.
- Pay professionals for photos to be posted for your Boston condo for sale
- Include 3D home tours, full sets of professional photography, drone photos, virtual staging, and floor plans as needed, to give home buyers all the information they need online to make the right decision.
- Put up yard signs and hold open houses (because this still has some small effect).
- Don’t waste time and money on home selling techniques that don’t work per comprehensive research.
We do this and more for a highly competitive commission rate.
Searching for Boston condos online is helpful, without a doubt, and a step in the right direction. What comes after can get complicated and confusing, even for repeat buyers, because each real estate deal is as unique as the individuals involved.
When it comes to narrowing your focus to find the right home with your top needs and wants, not to mention the steps involved in buying the home and all the potential pitfalls, it helps to have a seasoned real estate agent by your side. According to the NAR report, 72% of those polled deemed real estate agents the most useful information resource during the home buying process and 88% used an agent to help with the purchase of a home.
Our experienced, top-ranked team is here to be of your service 24/7 please call/text 617-595-3712.
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