Address: 9 West Broadway #208 Boston MA 02127
Offered At: $600,000
First Open Houses:
Sunday, November 6, 2016 12:00 PM to 1:30 PM
Monday, November 7, 2016 5:30 PM to 7:00 PM
For Property Details Visit: www.9westbroadway208.info
True brick and beam loft in the desirable Court Square Press elevatored building has it all. This 900+/- square foot studio home has high ceilings along with the traditional loft open floor plan great for entertaining with a granite and stainless steel kitchen, hardwood floors and large windows. This unit has in unit washer/dryer, large walk-in closet and garage parking for one car. The full service complex has many amenities including concierge, gym, bicycle storage, a beautifully landscaped center courtyard, media room and great outdoor space with a heated lap pool. The location is a commuters dream with easy access to I-90 & 93 and the MBTA Red Line. Also convenient to many restaurants, Starbucks and Whole Foods.
- Office: 617.394.8648
- Fax: 617.507.5666
- Cell: 617.394.8648
Proper preparation, careful decisions, and the expertise of a Realtor can minimize the feelings of stress and anxiety when it comes to selling your home.
Start now to be prepared.
Review all property paperwork, and prepare your documents to be complete and readily available. (Deed/mortgage satisfaction, letter/copies of rental agreements, utility bills, tax bills, etc.) It’s important not only to prepare your home for sale, but to be prepared yourself for inquiries that might arise that your listing agent, attorney or potential buyers will request.
The right price means a successful sale. Pricing your home is both an art and a science. Working with a Realtor gives you the added expertise to help maximize the profit from your home by conducting a Comparative Market Analysis.
First impressions are lasting impressions. At Unit Realty Group we will work with you to prepare your home the right way in order to maximize it’s value. We make recommendations for the proper home staging, paint color, repairs and replacements. The buyer’s journey begins online so we believe it is important to have professional photography that advertises your home in the best possible light, in the most visible outlets in your area.
Hold an Open House right away. I strongly recommend holding an open house the first week your home is on the market. When planning a successful open house we consider several important factors.
- Scheduling: Look into state and local events. (Are the Patriots playing Sunday afternoon? We know Bostonians are die hard football fans so we avoid times prospective buyers may be glued to the TV cheering on their team.)
- Timing: Consider various days of the week and times of day. (Accommodate all prospective buyers. Can the after work commuters stop by in the evening? Can the couple drop in before heading to the little league game over the weekend?)
- Forecast: Weather can draw people to or from the city. (Is it an ideal weekend to get away and head to the beach? Is it apple picking season? Is it a long holiday weekend?)
- Exceptional Service: Help prospective buyers maximize their time in the unit. (At Unit Realty Group we use wayfinding signage to direct buyers to the unit. We are sure to provide an inviting and informative experience for open house visitors.)
Start early, educate yourself and chose the right agent.
Greater Boston Condo Market Overview Supply of Housing Inventory Sparkbars June, 2011 – June, 2016
Data Source: Greater Boston Association of Realtors®
So if housing inventory is measured in months of supply where less than 6 months is considered a seller’s market and greater than 7 months is considered buyer’s market, what are the differences between and features of the two different markets?
A seller’s market is when demand exceeds supply, or there are more would-be homebuyers than there are homes for sale. A feature of a seller’s market is multiple buyers interested in a single property, resulting in bidding wars. A seller’s market is the perfect time to sell a property as you could garner a sale price that’s higher than your listing price, or at least more than your bottom line.
- If you’re looking to buying a home in a seller’s market, be aware that the seller has the advantage. If other buyers are interested in the same property you’re making an offer on, trying to get a lower sale price probably won’t work to your advantage. In fact, you could lose the opportunity to purchase the property altogether if a competing buyer makes a higher offer.
A buyer’s market is when the supply of homes for sale exceeds demand, or the number of buyers seeking to purchase homes. If you’re a would-be homebuyer, a buyer’s market is the ideal time to make your move.
- If you’re a seller in a buyer’s market, your property may remain on the market longer until you’re able to secure a buyer due to the large number of available properties for sale. Also you may have to lower your listing price, or make other concessions in order to close your deal.
Low Boston Area Condo Inventory Bottom Line
If you are one of the many would-be home buyers/sellers in the Boston area who is unsure of the current state of the market and would like to know more about conditions as well as your options, please call upon me and the Unit Realty Group team. We can expertly help you!