Many Boston condo buyers in this market are finding that the properties their agents are showing them are Boston condominiums that everyone else is already looking at and competing for. As a Boston luxury condo buyer, you want the right home, you want it now, and you want to stop competing and over bidding for it. Right? Here are three strategies that we use day in and day out to get around that competition and find the perfect Boston luxury condo for our buyers:
1. Expired listings. These are luxury condos that were on the market in the past that failed to sell and are now off the market. Maybe they’ve been off the market for a few months, maybe it’s been a few years. Either way, a lot of them may just be waiting for that one call from us to take the leap and sell again. By making the right calls, we are able to find inventory that isn’t yet available to the public.
2. Rentals.We have Boston landlords that own rental properties for years and are seeing their first leases come up for the September market and realizing that they either want to sell and cash in on their equity or that they don’t like being a landlord. We aim to turn these owners into sellers by targeting them and letting them know we have buyers ready to purchase their home.
3. Letter campaigns. These work great as long as they are specifically targeted. You can’t just send letters all over the state or the county. However, when you know exactly what kind of home and area you want to live in, we can work with our title company to pull and extract a list of properties that fit your parameters. We can then send them a targeted letter campaign letting them know that you are looking for a home specifically like theirs.
These are just a few ways in which we’ve created off-market inventory to get our clients deals that nobody else can. Any agent can promise this, but few have the resources to accomplish this like we do. I’d love for you to come check out our prospecting room some time.
If you have any other questions for me about off-market properties or anything else about Boston real estate, give me a call or send me an email. I look forward to hearing from you soon.
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