A number of agents (me included) answered a similar question during the last couple of days. See the link below.
But the short answer is that you really must educate yourself about a number of factors if you want the best possible outcome. It is not as easy as it looks.
If youre listed with a real estate professional then they they should handle this for you, if not it would depend upon what your accepted offer says or doesnt say about this situation. Most commonly available real estate professional's inspection contingency clauses have furnishing a copy of the inspection in part or in whole as part of the buyer's responsibilities to get out of the deal. Absent clear language it cant hurt to ask and see if tthey'll provide you even part of the report. You wont know unless you try.... more
Agents who are knowledgeable regarding waterfront properties, such as myself, actually have created a database of those homes. We've been to them, driven by them, qualified them.
For instance, I have 731 big water view homes qualified as being newer construction or very well maintained. An experienced, knowledgable agent will be able to direct the buyer to those communites where a $700,000 Big water view can be purchased and what communites have the 'sand in your toes' waterfronts for $1,500,000. Which ones look at the Gulf and which ones have wide canal view; which are point and which are linear.
The second list would be the 'blow-up' category for those who want to plant their own home on the water.
Unfortunately, relying on the listing agent to enter searchable criteria is not the most reliable method. So that makes the MLS a resource but certainly not the only resource.
In many areas of the country, the tax database will identify waterfront properties. On a house by house basis you can find the waterfronts and 'nature' houses. That shouldn't take long.
I am condifent the same holds ture in Boston. All Realtors(R) have access to the MLS, but it the agent who 'knows' that represents real value. They know because they drove the street and paid attention.
How do you know who they are? Ask the very questions I answered in this note.
"IN what communities in Boston can I buy a big view of the bay for $450,000?" Rather than stating....'Doesn't exist!" the agent will show you the waterfront vaules so you can calibrate your expectations accordingly.
Best of success,
Annette Lawrence, Broker/Associate
Remax Realtec Group
Palm Harbor, FL
Can you please clarify - Are you asking how to show potential buyers that your property has a great water view? If so, open houses are the best option, then virtual tours, and then photographs. If you really have a great view, it makes sense to hire a professional photographer to capture it for the virtual tour and the photographs.
Good luck, and let me know if I can be of any help.
Michael P. Welsh, Esq.
McDermott Welsh Realty
Pretend you are a buyer of a house like yours. Search the net, find open houses, etc and see what similar properties are asking. Also, ask you agent for a list of comp sales for the last 2 months.
Also, have the house appraised, home inspected, staged and energy audited.
Make your home the best value for the dollar and it should sell!... more
It really depends on the complete situation. What are the fees? What is the location? Exit to a street or alley? Best to consult with a Realtor to get and accurate assessment. In other words invite a local Realtor over to see what you are going to be putting on the market.... more
Language similar to this is often found in the P&S. Is there a specific line bothering you or the entire clause? Do you have an attorney reviewing this with you? If not - my advice is to find one ASAP. Your agent should be able to refer one if you do not have someone in mind. I suggest that my buyers always have a real estate attorney on their end who can guide them through this stage. As agents, we can help - but cannot provide legal advice.... more
Not sure I understand the question. How did the buyer agent have access to the unit? did you have a sellers agent? Are you saying that the buyers agent staged the unit and listed on MLS as the sellers agent without your permission?... more
Eastie is hot right now. One of the last essentially untapped neighborhoods of Boston. Sounds like the place is really nice. It all boils down to if what you need to get out of it is in line with what the true market value of the home is. If you get a few market analysis and/or appraisals and you can happily live with the LOWEST of the numbers you are hearing, I'd say it's a good time to sell. If you really need to max out your equity, pay very close attention to the closed comparable sales in your neighborhood. That will give you a pretty good sense of what yours will most likely sell for. This is not the market to be pricing aggressively high, even in Eastie. Price to sell. Price based on reality. If you can swing that, I'd say go for it.
AND if you are buying back into this market, remember: you will make up for any pain you feel on the sell side with your buy side. Good luck!
Well first of all you should consult with a real estate attorney. If you have a mortgage based upon your unit with the parking spot that may void your mortgage. You would have to look at historical data of the value of parking spots for your development and how much of the value of each unit a spot represents. Then you'll need to find supporting documentation for the sale if there is a profit or loss to be aware of tax implications once again an real estate attorney can best advise you. There may also need to be changes to your deed and also see if the condo association has rules governing sale of spots. It's alot more involved than just taking $ from the person buying, there are larger issues involved & you need to consult with experts to give you sound legal advice.
Hope that helps,... more
An open house is not covered in the landlords protections unless it is specified in the Lease agreement. Giving a 24 hour notice to show is reasonable. Having an open house and asking the tenant to leave is not. Most landlords will make it worth the tenants time to work with them, those that dont often face angry tenants which can scare buyers away... more
One of the "top" reasons why property doesn't sell is PRICE!
If dropping the price is a valid consideration.....why not consider dropping it prior to the listing expiring?