Marilyn Ellis, CBR, CHMS, LMS, HAFA
Leading Edge Real Estate | 781-944-6060 | [email protected]


Posted by Marilyn Ellis, CBR, CHMS, LMS, HAFA on 2/7/2019

Let's face it – no condo seller wants to deal with a high-pressure negotiation. Lucky for you, we're here to help you streamline the process of selling your condo so you can avoid stressful negotiations with property buyers.

What does it take to remain calm, cool and collected during a negotiation with a condo buyer? Here are three tips that every condo seller needs to know.

1. Consider the Condo Buyer's Perspective

As an informed condo seller, it is important to consider both sides of a negotiation. By doing so, you can evaluate a condo buyer's perspective and plan your next move accordingly.

For condo sellers, the goal is to get the best price for a property. As such, a condo seller who performs extensive housing market research probably understands the true value of his or her residence.

On the other hand, a condo buyer is likely to conduct real estate market research on his or her own. This property buyer also will assess the current condition of a condo in relation to his or her budget and submit an offer that accounts for these factors.

Ultimately, a condo seller and buyer should try to find common ground. That way, both parties can work together to get the best results out of a negotiation.

2. Review All of Your Options

After a condo seller accepts a buyer's proposal, the next step likely involves a property inspection. At this point, a condo acquisition may move forward, or a condo seller might need to rethink his or her plan.

If a condo inspector discovers myriad problems with a property, a condo buyer may ask the seller to complete repairs or lower the price of the property. Meanwhile, a condo seller will need to review all of his or her options quickly.

Following a condo inspection, it is important to consider the results of the evaluation.

If a condo seller discovers major repairs are required, he or she should consider completing the repairs or lowering the price on a property.

Or, if a condo buyer asks for a major price reduction even though only minimal repairs are needed, a seller should be unafraid to say "No" to the buyer's requests.

It is important for a condo seller to feel comfortable with any decision that is made throughout the property selling cycle. Thus, if a condo seller is uncomfortable with completing property repairs or reducing the price of a residence after a property inspection, he or she should be ready to decline a buyer's demands.

3. Consult with a Real Estate Agent

A real estate agent will handle negotiations between a condo seller and buyer. Therefore, this housing market professional can play a pivotal role in a seller's ability to get the best price for a condo.

Consulting with a real estate agent who possesses condo experience is key. This real estate agent can keep you up to date during negotiations with condo buyers and ensure you are fully satisfied with the final results.

Take advantage of the aforementioned tips, and you can move one step closer to maximizing the value of your condo.




Categories: Uncategorized  


Posted by Marilyn Ellis, CBR, CHMS, LMS, HAFA on 10/6/2018

This Condo in Lawrence, MA recently sold for $225,000. This Townhouse style home was sold by Marilyn Ellis, CBR, CHMS, LMS, HAFA - Leading Edge Real Estate.


52 Gilbert St, Lawrence, MA 01843

South Lawrence

Condo

$224,900
Price
$225,000
Sale Price

4
Rooms
2
Beds
2/1
Full/Half Baths
Meticulously kept townhouse on the Andover line. Ready for you to move in! This end unit features 3 levels of ample living space, hardwood floors, tiled bathrooms and an updated kitchen with newer appliances. Spacious bedrooms, with oversized closets and a bathroom on each level. Private yard with a deck great for entertaining as well as 4 parking spaces. Washer and Dryer in unit, new furnace and much more. Heating system and hot water tank updated in 2015

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Tags: Real estate   Condo   Lawrence   01843  
Categories: Sold Homes  


Posted by Marilyn Ellis, CBR, CHMS, LMS, HAFA on 8/3/2018

This Condo in Andover, MA recently sold for $210,000. This Garden style home was sold by Marilyn Ellis, CBR, CHMS, LMS, HAFA - Leading Edge Real Estate.


2 Colonial Drive, Andover, MA 01810

Condo

$190,000
Price
$210,000
Sale Price

4
Rooms
2
Beds
1
Baths
Colonial Drive Condominiums in Andover where the living can be both affordable & easy! The 2 bdrm, full bath unit has just been tastefully refreshed and updated with new appliances, granite countertops in the kitchen, new fixtures, tile, and laminate hardwood floors have replaced the carpeting. There are two assigned parking spaces, convenient to Rte 125 & 93, less than a mile to nearby shopping and restaurants, there's more - not always offered but heat & hot water is included in the monthly fee. Pets are negotiable and must be registered with management. Great opportunity for an investor or buyer looking for a move-in ready property.






Tags: Andover   Real estate   Condo   01810  
Categories: Sold Homes  


Posted by Marilyn Ellis, CBR, CHMS, LMS, HAFA on 7/1/2018


2 Colonial Drive, Andover, MA 01810

Condo

$190,000
Price

4
Rooms
2
Beds
1
Baths
Colonial Drive Condominiums in Andover where the living can be both affordable & easy! The 2 bdrm, full bath unit has just been tastefully refreshed and updated with new appliances, granite countertops in the kitchen, new fixtures, tile, and laminate hardwood floors have replaced the carpeting. There are two assigned parking spaces, convenient to Rte 125 & 93, less than a mile to nearby shopping and restaurants, there's more - not always offered but heat & hot water is included in the monthly fee. Pets are negotiable and must be registered with management. Great opportunity for an investor or buyer looking for a move-in ready property.
Open House
No scheduled Open Houses






Tags: Andover   Real estate   Condo   01810  
Categories: New Homes  


Posted by Marilyn Ellis, CBR, CHMS, LMS, HAFA on 6/10/2018

This Condo in Lynn, MA recently sold for $315,000. This Loft,Other style home was sold by Marilyn Ellis, CBR, CHMS, LMS, HAFA - RE/MAX Leading Edge.


88 Franklin St, Lynn, MA 01902

Condo

$300,000
Price
$315,000
Sale Price

5
Rooms
2
Beds
2
Baths
Now is your chance to own this rare, awesome, recently remodeled, architecturally brilliant, penthouse Designer's Unit-- in a cool, turn-of-the-century converted Firehouse! Photo's don't suffice. You want Style? Character!? This warm and inviting, pet-friendly home offers soaring ceilings, exposed brick, unique shapes, fantastic natural light, granite/SS kitch. New in-unit laundry, fresh paint throughout, gorgeous floors, 4 generous closets, plus private storage rm.& best part: It offers a truly peaceful oasis in the city! Walk to T. Only 5 mins to Nahant & Lynn beaches, and 5 mins more to Swampscott beaches&shopping! In short, you get 2K+ sq ft, 2 beds, 2 bths, on 2 flrs, with 2 parking spaces-- right at the front door! Someone has to have the nicest PH in the area [a $1M loft if in Camb/Bost]. Why not you? 1st showing at 1st OH on 4/22, 1-2. Offers, if any, due by Mon. @ 6pm. Why get just a condo, when you can enjoy a piece of city paradise! Pride of ownership? Absolutely! C'mon by.

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Tags: Real estate   Condo   Lynn   01902  
Categories: Sold Homes  




Marilyn Ellis, CBR, CHMS, LMS, HAFA