2013 continues to see a rejuvenation of the real estate market, and Boston’s South End has seen condos sell for record prices and move off the market and under agreement quickly. One of the South End’s most recent condos to go under agreement is a duplex listed for sale by owner using an entry only MLS listing.
The owner of 85 Dartmouth Street #1 Boston, MA 02116 listed their South End duplex for $970,000 ($669 per square foot) using a flat fee Boston entry only MLS listing from Entry Only New England. Why are condo owners in Boston trying to list and sell their own home using the MLS instead of paying a listing broker who charges a full commission?
85 Dartmouth Street #1 went under agreement in just nine (9) days, and if the FSBO seller gets their list price, they’ll save nearly $24,000 in real estate agent commission.
Boston Entry Only MLS
Entry only MLS listings across Massachusetts are at record levels. 2013 stands to be a banner year for the popularity of flat fee MLS listings, and the Massachusetts real estate market, as well as that of Boston, seem poised for additional growth in FSBOs selling their own homes without a Realtor.
The number of Boston entry only MLS listings is on the rise. While it does not look like the number of sold listings in 2013 will outweigh records seen in 2010, the Boston market specifically is poised to see year on year growth in flat fee MLS listings being sold across all property types, including single family homes, condominiums, multi family, and residential rentals.