Boston Real Estate for Sale
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When you first put your Boston condo for sale on the market, you might be hopeful for a quick sale—especially if you’ve put a lot of money into improving the home over the years and if the neighborhood is one that has historically attracted a lot of buyers.
While you shouldn’t panic, especially with the pandemic, if your downtown Boston condo doesn’t sell the moment you list it, you should begin to worry if the months start flying by without any real offers. If this is the case, here are 11 reasons why your Boston real estate listing may not be selling.
You overvalued your downtown Boston condo
If your Boston Midtown high rise condo is overpriced, it’s simply not going to sell. Compare your property to similar properties that recently sold within your area to get a better idea of its true value. An experienced Boston real estate broker can give you an accurate value of your home. Additionally, don’t make the mistake of tacking on the cost of any renovations you made. You can’t just assume that the cost of a renovation translates to added value.
Your Boston real estate for sale marketing needs improvement
If the listing of your Beacon Hill condo includes a poorly written description without any images, a lot of buyers are going to skip over it. Make sure you and your REALTOR® put an effort into creating a listing that attracts the attention of Boston condo buyers. Make sure to add high-quality photographs of both the interior and exterior of your home. Don’t forget to highlight unique features as well.
You’re always present at the real estate showings.
Let your downtown Boston real estate broker handle your showings. Buyers don’t want to have the seller lurking over their shoulder during showings, especially during an open house. This puts unwanted pressure on the buyer, which will make them uncomfortable and likely chase them away.
You’re too attached to the condominium
If you refuse to negotiate even a penny off your price, then there’s a good chance that you’ve become too attached to your Boston Seaport condo. If a part of you doesn’t want to sell it, or you think your condo is the best condominium in the world, odds are you’re going to have a lot of difficulties coming to an agreement with a potential buyer.
You haven’t had your home professionally cleaned.
A dirty downtown Boston condo is going to leave a bad impression on buyers. Make sure you have a professional clean your carpeting and windows before you begin showing your house.
You haven’t staged your home.
If you’ve already moved out, then don’t show an empty Boston Back Bay condo for sale. This makes it difficult for buyers to imagine living in it. Stage your house with furniture and decor to give buyers a better idea of how big every room is and how it can be used. You want the buyer to feel at home when they are taking the tour.
You kept up all of your personal décor in the condo
Boston high rise condo buyers are going to feel uncomfortable touring your Midtown condo if you keep all of your family portraits up. Takedown your personal décor so that buyers can have an easier time imagining themselves living there.
Your home improvements are too personalized.
You might think that the comic book mural you painted for your child’s room is absolutely incredible, but that doesn’t mean potential buyers will agree. If your Beacon Hill home improvements are too personalized, it can scare off buyers who don’t want to pay for features they don’t want.
Your home is too cluttered.
Even if your Boston north end condo is clean, clutter can still be an issue. For example, maybe you simply have too much furniture in one of your rooms. This can make the house feel smaller than it is.
Your home is in need of too many repairs.
The more repairs that are needed, the less likely a buyer will want your downtown Boston condo. Many buyers simply don’t want to deal with the cost or effort of doing repair work, even if it’s just a bunch of small repairs, such as tightening a handrail or replacing a broken tile.
You chose the wrong real agent.
In my opinion, choosing the right Boston real estate agent is simply the most important decision you make in selling your home. A good REALTOR® makes all the difference in selling your home within a reasonable time.
Boston Real Estate and the Bottom Line
All these things can be fixed once you realize your mistake; however, the longer your property stays on the market, the less likely it will sell at the listing price. One of the best ways to avoid making these common mistakes is by working with a professional real estate agent.
Boston Real Estate for Sale
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