Archive for the 'Boston Buyer Broker' category
97 Year Old Agent Offers Real Estate Insight
A recent MSN article features 97-year-old real estate agent George W. Johnson, who has been in practice since 1936. Experiencing numerous property booms and busts, he offers a rare insight to the real estate market based on lessons learned during key times in US history (including the end of the Great Depression!!). If you are currently looking into purchasing a piece of Boston property, heed the following advice from someone with over 70 years of industry experience.
Be wary of one-company towns: Johnson warns that any town that’s dependent on a single industry or company is in jeopardy of market turmoil. He cites his firsthand account of the 1960’s downturn of the Seattle market as an example. Towards the end of the decade, aerospace company Boeing laid off nearly 60,000 employees, sending the market into a downward sprial. Johnson stresses the importance of widening your real estate search criteria to include the area’s economic status economy.
Avoid getting greedy. Johnson blames human greed for the weakened state of the economy and claims that people get too caught up in the attractiveness of a bargain. He advises people to accurately and honestly assess their financial standings and to remove their blinders when it comes to deals that seem too good to be true. Doing this, he states, will decrease any dependency on the bank.
Timing is everything. Johnson says that the current market serves as a good time for first time home owners to buy, stating that "A buyers market doesn't come along that often … you just can hardly help but make money on whatever you buy today at the prices they are." Enlisting the help of an experienced Boston buyer agent can help you make the most of this transaction.
If you don't have to sell, hang on. Confident that the economic struggle is nearing an end, Johnson believes it is in the best interest of homeowners to keep their current home. He predicts things will look up within the next year or two.
If you are currently looking for a piece of Boston real estate, browse our online selection of Boston apartments, and Boston homes.
Iron-Broker
Hello! I am the newest Boston real estate agent here at Cabot & Company. I started about 2 months ago, and it has been great so far. I was already very familiar with the area, having lived all over Boston neighborhoods for the last 7 years– from Brookline to Beacon Hill to Back Bay to Cambridge. The biggest thing to getting oriented was seeing all the different types of apartments that this area has to offer. Luckily, our office works with some great landlords so I have seen some really amazing Boston property.
Aside from training in my new role here at Cabot, I am also training for the Ford Ironman Louisville triathlon. For those of you that don’t know, an Ironman is a 2.4 mile swim, followed by a 112 mile bike ride and ending with a marathon (26.2 mile run). The race starts at 7 am and you have to finish the course by midnight (you have 17 hours to finish). You can visit my website for some pictures and more information about this challenge.
I have until the end of August to get ready. You can help me out by calling me at 617-894-2138 and telling me that you want a penthouse apartment in a building without an elevator. I’ll be happy to take you up to see as many as you like because I need all the training I can get.
Eric Shabshelowitz
Cabot & Company
213 Newbury Street
Boston, MA 02116
Cell: 617-894-2138
Fax: 617-536-8410
Email: eric@cabotandcompany.com
www.cabotandcompany.com
Cabot and Company News
"The New Rules of Real Estate" by Ruth Simon from RealEstateJournal.com
This is an accurate article about current market trends, and it offers excellent advice to Buyers, Sellers and Investors. The following excerpt is a concise summary of the main points Ms. Simon discusses:
New Market Approaches
As the real-estate market cools and the number of homes for sale climbs, buyers and sellers need to adjust their strategies.
| Who | What They Should Do |
| Sellers | Price your home competitively in comparison to other houses on the market. Lower your price if the house doesn't attract much interest or offers in the first few weeks. |
| First Time Buyers | Take advantage of higher inventories of unsold homes to negotiate for a better deal. This can include a lower purchase price, help with closing costs or a more flexible move-in date. |
| Move-up Buyers | In some parts of the country, the high-end is cooling faster that the low end, creating opportunities for people looking to trade up. Contingent offers are becoming more common, though they are still frowned upon in some areas. |
| Relocators | Employees who are relocating should choose a new home that will be easy to resell if they must move again. One winning strategy: Stick to houses that are in top-notch condition and in an excellent school district. |
Time to Revisit the Four Seasons!
This week's featured home in Boston Homes Newspaper is a luxurious condominium at the newly refurbished Residences at the Four Seasons. This development, which includes the hotel, retains its panache among Boston's top luxury properties. Owners enjoy premier concierge services, valet parking, a health spa and swimming pool!
For sale through Cabot and Company are the following:
Gorgeous city views from a two bedroom, two bathroom, with garage parking. Also includes a granite kitchen, hardwood floors, w/d
Four Seasons Place #1204 Exclusive $1,175,000
Seldom available: one bedroom ideally situated on the15th floor with great light and views. Also includes garage parking.
Four Seasons Place # 1514 Exclusive $ 899,000
Look for the article in this Saturday's edition of Boston Homes with the latest Four Seasons news and much more pictures.
Make sure to visit our website.
Buy a Condo in Boston This Week!
Homebuyer tax credit expires this week - thousands of dollars could slip through your fingers!
First-time homebuyers are under pressure to have signed contracts in effect no later than April 30, 2010, and to close no later that June 30, 2010 to qualify for a substantial 10% of the purchase price up to an $8,000 credit! Current homeowners can be eligible for a benefit of up to $6,500.
Less than a week to get your paperwork going, which means you need a Cabot and Company sales specialist to help you put a deal together quickly and efficiently.
Call 617-262-6200 and ask for any sales expert below to take advantage of this huge savings. Why pay rent?
Rene Rodriguez
Shelagh Brennan
Joseph Palermino
Paula Luccio
Josh Medeiros
Carol Korbman
Natalija Pavlovic
Edythe Dyer
