TerritoryRE

I'm a:	Real Estate Professional
Location:	Massachusetts
Web sites:	Territory Real Estate
	Territory Blog
Phone:	(617) 848-5407

110 Answers
33 First Answers
37 Useful Answers

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About Me

Question: What kind of real estate company has no listings to sell, doesn’t earn a commission and pays you at closing?

Answer: Territory Real Estate - The Buyer's Broker™.

Territory Real Estate exclusively represents home-buyers. When you sign up for an account with Territory, you'll have access to thousands of real estate listings in Massachusetts as well as custom tools and maps. For those who prefer the weekend circuit we even give you open house schedules. Throughout the search process, you will have unlimited access to a salaried Territory Guide. No pushy commissioned salespeople here! Our Guides are always available and are skilled in the following areas:

* Geographic location. Guides are assigned to you based on their knowledge of the area you're searching within. Your Territory Guide will identify the strengths and weaknesses of neighborhoods and properties, and accompany you on unlimited property tours.

* Data Analysis. Guides provide you with data-driven evaluations of local market conditions and individual property values.

* Transaction procedures. Guides write offers, negotiate transactions and coordinate your home purchase by recommending vendors for inspection, legal services, and more. We help you all the way through closing!
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* After subtracting a low flat-fee of $4,995 Territory rebates the seller paid commission back to the home-buyer. The average rebate is $8,000!

Buy the best house for the LEAST MONEY. It can only happen with Territory Real Estate.

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TerritoryRE's Questions (1)

TerritoryRE's Answers (110)

I wanted to know the area in Bridgewater. I'm looking to purchase a condo in Finderne Heights in Bridgewater

Asked Thu May 15 2008, 15:23 by Keena - Bridgewater - Home Buying - 1 answer

TerritoryRE answered:

You can actually find crime statistics on Trulia or try a site like this:

http://www.cityrating.com/crimestatistics.asp

Hope that helps!!

Good luck! - Yesterday, 06:58

What is an average price per square foot on a house in the Bates school district?

Asked Thu May 15 2008, 21:21 by Irene - Wellesley - Home Buying - 1 answer

TerritoryRE answered:

In the last 6 months 14 properties sold in the bates school district and all were above 1500 square feet but one which sold in the $400000 range and likely wasn't in the best shape. The sale price to original price is 94% which means that properties on average in this area are seeing price drops off original price of about 6%. In an area like wellesley it is sometimes difficult to use average sale price stat's because there is a big market for $1million+ properties that scew the numbers. So, in attempt to narrow it down, the 5 properties that have sold in the $700000-900000 range - all above 1600 square feet w/similar yards - have an average price per square foot of $419. I checked out your property of interest and looks like it may be just slightly over priced. I make this determination with very few interior photo's and certain upgrades can have an effect on value. I can see that the kitchen does not have top of the line upgrades (although it isn't a bad kitchen) and the living room/sitting room looks small(er) but the yard looks fabulous and level.

I think there is potential to get the property in the $770,000-780,000 range and there are 2 great comps to support an offer like this. That said the property has only been on the market for 2 days so the seller may be reluctant to take a lower offer today but you never know.

Hope that helps! - Yesterday, 06:49

If a buyer's agent shows you a house, do you have to use that agent going forward, or can you just deal with

Asked Wed May 14 2008, 11:02 by Neel - Natick - Home Buying - 11 answers

TerritoryRE answered:

it wasn't blanket .. i laid out the deal pretty clearly. The point is you can work with whomever you want you just need to determine at what length (including contractual obligation) you worked with that other agent. If Neel was simply shown the property and he didn't sign any documents the likelihood of that agent being able to prove procuring cause on the deal (what determines commission) is very slim to none. Now, if you signed a buyer disclosure and had lengthy discussions about pricing of the property, went over an offer together, etc, then your old buyers agent may try and come after the commission and his/her chances of getting increases in likelihood.
If you are truly unhappy you must break the chain of events with that buyers agent immediately. I do agree with charles, i wouldn't dump the buyers agent and work with the sellers agent just to get a better deal because that sellers agent will then be getting paid twice the amount and will be obligated to the seller during negotiations.
good luck! - Wed May 14 2008, 11:44

You absolutely do not have to work with that agent on the deal and don't let them try and convince you otherwise. Unless you signed a document that binds you to that agent for that particular property for a specific amount of time you can work with whomever you want.

My sincere suggestion, do not dump a buyers agent to work with a sellers agent. Dump buyers agent for buyers agent. It is well worth your best interests being protected by someone who is not looking to get you to pay more money (the sellers' agents job) and instead someone who is representing your best interests (sellers agent is legally obligated to the seller, not buyer).

Good luck!! - Wed May 14 2008, 11:21

I am thinking of buying a condo in Boston for my daughter while she is in grad school. 1. I am a 20 yr

Asked Mon May 12 2008, 13:42 by Barbara Frau… - Boston - Home Buying - 7 answers

TerritoryRE answered:

PS. there are currently 141 properties on the market under $400,000 in Cambridge ... Even two single families, believe it or not.

Here is a sample:

One of the two singles families, small but a SF none-the-less:
http://www.territoryre.com/idx/listings/70705385/details.html

New development:
http://www.territoryre.com/idx/listings/70723056/details.html

Price/square foot bargain in North Cambridge:
http://www.territoryre.com/idx/listings/70678945/details.html

Up-and-coming area of Cambridge -interesting place to invest - East Cambridge (kendall sqre):
http://www.territoryre.com/idx/listings/70754187/details.html

Very nicely renovated unit in that East Cambridge area again:
http://www.territoryre.com/idx/listings/70722246/details.html

Hard to go wrong with something located near Harvard Square. Here is an awesome unit:
http://www.territoryre.com/idx/listings/70746879/details.html - Mon May 12 2008, 14:32

I am originally from PA - my family still lives there so i visit very often. I see that you are near Bethlehem. I will have to recommend you to my network that lives out there.

Right now I am working with a mother from Maine who is buying her daughter a condo why she is in school in this exact price range so I know exactly how to help if you are interested. We just went through all the options so I am ready to give you some guidance/eyes in boston if you need it.
My company works only with buyers for a flat fee (we subtract this from our cooperating commission and rebate the remainder back to our clients - might be nice $ to pocket since it is an investment for your daughter) - so we guarantee no steering towards specific listings or % commission chasing. We have a ton of investor clients who we work closely with to deliver info out of state.

Please feel free to reach out to us directly. You can find us here:
http://www.territoryre.com/team.php

Good luck! - Mon May 12 2008, 14:11

Interested in Selling Home

Asked Mon May 12 2008, 11:29 by Eric - Bridgewater - Home Selling - 3 answers

TerritoryRE answered:

apologies, i must be getting this feed as well even though we are located in MA .... Hopefully we will be delivering our service to NJ very soon.
Anyway, my advice is good for any state :) so, good luck! - Mon May 12 2008, 11:57

Make sure when you interview agents - which i highly recommend you do before deciding on one - ask the right questions ...

A listing agent should be good at the below so ask them to prove why they are the best:
Marketing - (ask how they plan to market your property - online, etc)
Staging - (ask if they provide these services should your place need it, which most do)
Pricing - (ask them for an alysis of the market and properties like yours)
Great salesperson - (ask for their sale price to original price ratios, etc)

Also, if the seller gives you a listing price for your property make sure you ask them to give you hard market and sold data that supports that number. Sometimes listing agents will tell you what they think you want to hear just to get the business and then your property sits on the market for days dropping in price and losing opportunities to sell.

When it's time to buy check us out: www.territoryre.com

Good luck! - Mon May 12 2008, 11:53

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