Boston Real Estate

I get a lot of buyers from all over the USA as well as all over the world. This is because I’m exclusively a Boston Buyers Agent. I don’t take listings, just buyers. This brings me buyers from out of town, which relieves me from having to establish and maintain a local posturing in order to beg people for their listings. All my buyers since 2004 have come to me through the internet. I specialize in Relocating to Boston.

When buyers come to town they are incredulous at the lack of “give up” on our prices here in Boston. When you do a bit of research you can start to see why prices will continued to stay firm while the out-of-towners shake their collective heads. When you start to understand why buyers want to be here, its no wonder.

Boston has the best schools and hospitals in the world!

There it is in a nutshell, when you are done with your condo there is a line of students, teachers, doctors and nurses lined up to buy it from you. When I list the reasons, it goes something like this:

BU, BC, Northeastern, Harvard, MIT, BU Medical Center, Harvard Medical School, Beth Israel hospital, Boston Childrens Hospital, Mass General, Brigham and Womens, Tufts Medical School etc. etc. I could go on but I’m sure you get the point. We have the best schools and hospitals in the world and as long as that is the case there will be a steady supply of buyers,which of course will support property prices.

In addition to these employers (Beth Israel hospital alone employs 15,000 people), Boston is a great city for so many reasons. Its easy to navigate, incredibly diverse in a socio-economic sense as well as ethnic diversity. During 8 years of practicing Real Estate in Boston, I’ve seen very few areas I wouldn’t want my children to live in. Boston is a visually beautiful city and a good city, with a community spirit that surprises many. Boston is generous to their homeless, takes care of its residents and I should mention also they are vigilant with replacing dead trees immediately, a key to beauty for the city.

I need to have a conversation with my buyers!

Even if they have been memorizing the listings I’ve been sending them they must think we are kidding because when they get here they just can’t believe that they shouldn’t offer 500K for a condo with an asking of 650K. This happens EVERY time. So I have a chat with them to make sure they know there are no bargains here and its not likely there will be. Prices are a bit better than say 2005 but they are at their nadir (personal opinion and conjecture, I apologize) and actually rising from some of the recent data I have seen lately. During the conversation I mention that I won’t submit offers that are more than 10% below the asking. I tell them that if they need to go more than 10% below asking they are looking at the wrong property!

So my phone conversations need to be longer unless I want to show a billion properties to out-of-towners who in the end will say everything is too expensive.

Boston is expensive and will likely stay that way. Maybe you can go to most other cities and lowball the sellers but the sellers in Boston MA are not signing up for giving their property away.

Written By RE/MAX Destiny Accredited Buyers Agent Jeff Persons 617.512.3443

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