Price Reductions: Wind-up For a Lowball Pitch

ferrari on newburyBuyers: I understand you want a deal. It’s a down market and you’re slobbering to take advantage of that. But enough with the crazy lowballing. This is Boston.

Dense population and tightly packed services, an established well-to-do population, and still-lucrative technology and finance sectors driving the economy mean the only thing moving for under 100k is parking spaces.

Now that doesn’t mean you can’t slide a low offer past sellers now and then. It’s an art, really, like a Wakefield knuckleball, and it can be just as tricky to throw.

The first step is finding a good target—and price reductions are a good place to start. Start by zoning in on a couple of these listings, and I’ll elaborate more on delivery tomorrow.

234 Beacon St #5A
Back Bay, MA 02116

Beds:1 /Baths: 1
SQ.FT.: 674
Original Asking Price:  $522,000
Today’s Asking Price:  $509,000

1 Charles St S #3E
Boston, MA 02116 

Beds: 1 /Baths: 1.5
SQ.FT.: 1,150
Original Asking Price:  $925,000
Today’s Asking Price:  $895,000

9 Joy St #3
Beacon Hill, MA 02114

Beds:2 /Baths: 1
SQ.FT.: 1,250
Original Asking Price:  $869,000
Today’s Asking Price:  $830,000

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