www.1001TopWords.com |
Boston Real Estate ? You Still Have Considerable Control Over the Sale of Your Boston Home
Boston real estate is a hot topic. Daily newspaper articles comment on whether or not a bubble exists in the Boston real estate market, when and if it will pop, how interest rates affect the market, why Boston residents are snapping up interest-only loans, and how foreign investors in our treasuries keep interest rates low. There are articles about the location and amenities of Boston homes, why those factors make our region so desirable, and why the completion of the big dig is going to make Boston real estate even more desirable. Journalists remark on the gentrification of our neighborhoods and the development of the Boston Seaport. Reporters poll Boston real estate agents for comments on the empty nesters moving out of suburban neighborhoods to buy luxury Boston condos, the rapid pace in which Dorchester homes are being converted into condos, whether large firms leaving the city might impact Boston real estate, or if bio-technology firms will continue to drive up home prices. We are flooded with theories and statistics of how the weather affects Boston real estate, or how the parking affects South Boston real estate. We hear about the growth of mortgage companies and the increase in mortgage products available to today's real estate consumer. It isn't unusual to hear dinner conversation revolving around the next investor hot spot, if having a buyer agent is a necessity, if a 5 year-arm is a good product for a Boston condo purchase, or if the success of the Patriots and Red Sox has any influence on the Boston real estate market. However, as a Boston real estate agent, I do know that despite all of the external influence driving our market: foreign investors, fed hikes, an influx of jobs, and the relocation of Boston companies; the Boston homeowner still has a great amount of power and influence over the sale of their Boston home. How? Despite what the Globe, the Herald, the Times or the WSJ reports about what drives the real estate market, people buy and sell homes. There are numerous factors that go into each home buying decision, and although everyone is different, there is some level of emotion that plays into the majority of home purchases. It could be that the buyer likes the cast iron lights that line the streets, the willow tree that shades the backyard, or the coffee-house at the end of the street. The prospective buyer might like the color of the living room or the view of the water from the second floor. It won't be the only reason to purchase your home, but for every purchase, there will be at least one defining influence that is based on emotion instead of reason. And what that means for each seller is that when a prospective buyer walks into your Boston home, they are influenced by the color of your walls, the clutter on your shelves, the cleanliness of your windows. If your home looks like a page out of Home and Garden, then no matter how old, worn or non-existent their own furniture is, on some conscious or subconscious level, they will leave with the impression that their stuff would look this good if they moved into your home. Conversely, if your home looks like the before photo of Extreme Makeover, they might not be able to get past the wet dog smell or the florescent turquoise molding to see the beauty of your property. Here are a few guidelines that might be helpful when getting your Boston home ready for sale. 1) Don't give them reason to cross you off the list. While it would be ideal to put out flowers, light candles or bake a batch of cookies prior to open houses or showing appointments, the most important thing you can do is make sure there are no easy reasons to eliminate your house from the prospective pool of Boston housing stock. This means there should be no odors emanating from your home, pathways should be cleared for walking, and that nothing should be broken or falling down. 2) Paint walls neutral colors. In recent years there has been an explosion in the number of trendy paint colors, you might just love Tangerine Zing in the bathroom or Purple Rain in your kitchen. Consider repainting. It's much more difficult to have a hate relationship with Antique White or Ecru. 3) Eradicate clutter. Invest in some organizational storage equipment. You might ask yourself why you would make your home look perfect just as you are about to move out of it? It will be worth every penny and minute spent de-cluttering. You can take the letter sorter/shoe organizer/magazine holder with you. In the meantime, you want your countertops as clean and your closets as organized as possible. 4) Remove excessive furniture. Make rooms feel more spacious. If carpets are hiding nice hardwood floors, remove those too. 5) Let the sun shine in! Open blinds, pull back heavy curtains, but make sure the view is something that won't scare off a future buyer. Clean the windows so that they sparkle. Turn on all lights even during daytime showings. If you have views of the Boston skyline or shoreline, make them the focal point of the room! 6) Get curb appeal! Clean your gutters, get a new doormat, put a potted plant outside your door, and make sure your house number is visible. The Boston real estate market is a complex and ever evolving marketplace. If you are looking to put your Boston home up for sale, being prepared and following our helpful tips on staging your home is the first step towards your success. Make sure you ask your listing agent how to enhance your Boston condo, single or multi-family home. Prospective buyers and Boston real estate agents will be scouring the MLS listings, websites and newspaper ads to find homes that are well kept and look appealing. As a seller in the Boston real estate market, you want your home to shine through in website photos, real estate ads and marketing materials. Rooney Real Estate is a full service residential real estate company servicing South Boston, the South Boston Seaport, and Dorchester for more than twenty years. In 2003 Rooney Real Estate was recognized by LINK, the Listings Information Network, as the top real estate firm in South Boston, MA, in total sales revenue. On May 10, 2005, MLS (Multiple Listing Service) listed Rooney Real Estate as the top firm in South Boston, MA, in total sales and total dollar volume thus far in 2005. Rooney Real Estate also has an unparalleled record of giving back to the youth sports leagues and non-profit organizations in the communities they service. Call 1-866 ROON DOG, or visit www.rooney-re.com for more information. Meghan Flynn is a licensed Sales Agent at Rooney Real Estate, Inc., in Boston, Massachusetts. Meghan specializes in the Dorchester Real Estate market and would love to help you with the purchase or sale of your Dorchester home. Email Meghan at meghan@rooney-re.com with questions about this article and for all of your Dorchester real estate needs. More information about Meghan can be found at http://www.rooney-re.com
|
RELATED ARTICLES
When Showing Your Home Here below are some of the reasons why buyers may be put off when visiting your home. Home Staging Strategies Who are you preparing your home to sell to? Tenant/Buyers Have Multiple Options Lease Purchasing affords the tenant/buyer a wonderful opportunity to get into a home today, that he or she can buy tomorrow. But what options are available at the end of the contract? Fortunately, Lease Purchasing provides multiple options here also. Renting a House Renting a house or a room in your home is a great business that millions of people take advantage of to make some extra cash. While many people rent houses each year, not all of them are successful. Renting a house can be profitable and rewarding if you manage it properly. How to Create Cash Flow Out of Thin Air! Want to see a trick every real estate investor will love? I Already Have an MLS Listing, Why Do I Need an Internet Ad? In today's real estate market, astute buyers are also looking to realize savings by dealing directly with the seller. They use internet search engines and keyword sets (Atlanta real estate advertising, Atlanta for sale by owner, Atlanta FSBO) to locate for sale by owner (FSBO) properties on the web. Search engine results will be limited to those websites registered with major search engines and which meet the search criteria. Websites with a meaningful search engine 'rank' will benefit most by being listed at the top of the search results. The Irish Property Market - Expensive But Worth It? Lying on the edge of Europe facing out to the Atlantic Ocean sits Ireland, one of Europe's smallest countries and often described as 'The Emerald Isle". A beautiful country characterised by vibrant, colourful cities and towns set amidst endless unspoilt green fields, Ireland is now officially the best place in the world to live. Combining increasing wealth with traditional values gives Ireland the conditions most likely to make its people happy, according to the Economist's quality of life assessment for 2005. Real Estate Investment - One Simple Formula I saw the ads in our small-town newspaper for years before I realized exactly what was going on. They were always the same: A house for sale with 5% down and payments of 1% of the purchase price. It might be a three bedroom home for $90,000, for example, with $4,500 down and $900 per month payments. Log Homes - What is the Log-Home Lifestyle? Typical log home company advertisements in popular log home magazines talk about the "log home lifestyle" or "it's not just a home, it's a lifestyle." What does this mean? What is "the" log home lifestyle? Looking into Buying Mobile Homes? To own a home is one of the dreams every common man cherishes, even from the childhood. With hard work and years of savings, he might be able to build or buy a dwelling for him and his family. More than a place to stay safe from bad weather and sun, a home is also a handy investment option. In this context, buying mobile homes is an option worth considering. Recently, in the US, there has been a surge in the number of people opting to live in mobile homes. Buying mobile homes is cheaper than other forms of housing and is widely seen as a good investment option as well. Statistics show that nearly 8.8 million American households live in mobile homes. The Pros and Cons Of Hiring A Real Estate Lawyer You're travelling in a foreign country and you get arrested for something that you didn't even know was against the law. The potential fine is huge, more than you earn in 10 years. Would you represent yourself in front of judges who might not even speak your language? Not if you had any sense you wouldn't. You'd probably hire a lawyer. Real Estate Investing Works In Your Area Too! I hope you had a spectacular weekend! Residential Income Property Financing: Part 2 of 3 Welcome to the second segment of a three-part series about income property. In this second segment we will be discussing financing options for residential income properties as well as the upside (and downside) of owning this type of property. Buying a Vacation Home You'd like to buy a vacation home, but you're not sure where to begin. Perhaps the single most important point to determine up front is why you are buying a vacation home. Are you trying to generate income by renting the property? Would you like to have a place to take your family every year that will likely appreciate in value? Would you prefer some flexibility in location and like to vacation at a different spot each year? How to Sell Your House by Lease Options Many people buy a house then have to move within a few years, due to divorce, relocation or financial difficulties. Without any equity though, it can be nearly impossible to find buyers and you still have realtor fees to contend with. There is a simple, easy way to have your payments taken care of for you and find a buyer, so that you can move onto your new life quickly and easily. What to Look Out For When Buying Off Plan Buying Off Plan Expense List for Buying a Home There are many expenses that come with buying a home. The following list is a good example of what to expect: Be A Realtor With Curb Appeal Are you a realtor with curb appeal or are you more of a fixer-upper needful of updating? Landscaping Adds Great Value to Real Estate And Helps You Sell Over the years several of our clients have had professional landscaping done and it's amazing to me how little landscaping, can be done for $5-10,000, by a professional Landscaper, and how little value it can add to your home. An Often Overlooked Secret of Marketing and Negotiating for Real Estate Investors Looking for Deals When you call sellers, what do you say? When you sit down to write a marketing postcard to find deals, what do you write? When you go to negotiate price and terms, how do you present it? |
© Athifea Distribution LLC - 2013 |