The Boston real estate market is off to a fast start to the year, despite the bitterly cold weather brought on by the “polar vortex” of the 2013-2014 winter. One of the very first Boston condos to sell this year is a South End duplex condo at 85 Dartmouth St Unit 1 Boston, MA 02116 that sold for full asking price of $970,000.
Boston Flat Fee MLS
The owner of 85 Dartmouth St Unit 1 decided to sell their own home without an agent using a flat fee MLS approach, whereby a for sale by owner (FSBO) pays a one-time flat fee to have their home listed in the official local Boston MLS, drive a ton of exposure for the property, and avoid paying a listing broker commission.
A Boston flat fee MLS listing like this can save a FSBO thousands of dollars in real estate agent commissions and fees. In the case of 85 Dartmouth St Unit 1, the FSBO saved $23,955.
South End Boston Entry Only MLS
Over the past 6 months, there have been 290 South End condominiums that have sold, the average days on market (DOM) has been 32. The South End FSBO at 85 Dartmouth Street listed their condominium without a Realtor, got their full asking price, and sold in just 9 short days!
Entry only MLS listings hit record levels in 2013, and with the opportunity to save thousands of dollars in real estate agent commissions and fees by selling your own home without an agent, FSBOs are continuing to turn to flat fee MLS listing platforms like Entry Only New England.