2023 Real Estate Observations (Boston, Nantucket: horse, frequency, competition)

[newenglandgal123]

Originally Posted by redplum33

I do understand how it works. You're failing to recognize that the end result of your insistence on handling things in an unconventional way is absolutely going to be less potential buyers (for various reasons). And less potential buyers typically means a lower price, That's reality.

Buyers agent or not, I'd walk away fast if I encountered someone operating the way you do. The first thing that would enter my mind is...what other corners is this person cutting.

Cutting corners b/c I'm not hiring an agent?! lol My houses are probably better maintained than many of the homes that are listed with agents. Question could reverse to why do those sellers feel the need to hide behind an agent?! What are they hiding? (lots of deferred maintenance, perhaps!?)


PS- Qty of buyers doesn't matter as much as getting one buyer that makes me an acceptable offer. All it takes is one! (I've gotten multiple offers on my past ones, easier to do of course when it's a sellers market like we have been the last few years).

[msRB311]

Ok so let's say you sell the house yourself and maybe you would have made more had you used an agent (which we'll never know). At least you don't have to give anything to a realtor.

[newenglandgal123]

Originally Posted by msRB311

Ok so let's say you sell the house yourself and maybe you would have made more had you used an agent (which we'll never know). At least you don't have to give anything to a realtor.

Apparently there are plenty of folks in MA that do FSBO via an entry only listing service:

https://homezu.com/massachusetts/

[bostongymjunkie]

Interesting piece on rental markets. According to this Greater Boston is 18th hottest in the country. Miami is #1. Several other Florida metro areas also hotter (in more ways than one) than Greater Boston.



https://www.boston.com/real-estate/r...p_featurestack

[matrix5k]

Let's see some sold FSBO listings. Are they going 100k-300k over adding price like the rest?

[newenglandgal123]

Originally Posted by matrix5k

Let's see some sold FSBO listings. Are they going 100k-300k over adding price like the rest?

Plenty of sold FSBO listings you can browse here: https://homezu.com/massachusetts/

[matrix5k]

Originally Posted by newenglandgal123

Plenty of sold FSBO listings you can browse here: https://homezu.com/massachusetts/

First one I see was listed for 4.5mil and sold for 3.75mil. Big ouch! They definitely left money on the table by not choosing a realtor.

https://www.zillow.com/homedetails/3...ource=txtshare

[BostonMike7]

Originally Posted by matrix5k

First one I see was listed for 4.5mil and sold for 3.75mil. Big ouch! They definitely left money on the table by not choosing a realtor.

https://www.zillow.com/homedetails/3...ource=txtshare

How do we know that? What if it was overpriced to begin with? Are there comps that show that similar properties are pulling 4.5 mil?

[matrix5k]

Originally Posted by BostonMike7

How do we know that? What if it was overpriced to begin with? Are there comps that show that similar properties are pulling 4.5 mil?

These both sold over 4mil.

https://www.zillow.com/homedetails/9...ource=txtshare

https://www.zillow.com/homedetails/3...ource=txtshare

[BostonMike7]

Originally Posted by matrix5k

These both sold over 4mil.

My only "but..." to that is interest rates. Those sold last summer. I think interest rates started their ride up the fall, so hard to say if they would have sold at the same price this summer.