Boston, and the whole of Massachusetts, is not yet officially upon the spring real estate market, a time marked by an increase in volume of listings as well as market velocity, however, homes are quickly going under agreement after being listed on the MLS for sale by owner.
Some of our latest flat fee MLS entry only listings from in and around Boston have been moving off the market significantly faster than average. Some of those include:
- 391 Pleasant Street Unit 303 Melrose, MA 02176 is a flat fee MLS condo listing that went under agreement in only 6 days versus the Melrose market average of 37 days on market for other homes that are currently under agreement
- 39 Pond Street Framingham, MA 01702 is a Massachusetts flat fee MLS multi family listing that went under agreement in just 1 day whereas the average days on market (DOM) for the 0172 zip code is currently 53
- 90 Wareham Street Unit 307 Boston, MA 02118 is a flat fee MLS condominium listing in the South End of Boston, it went under agreement in just 4 days versus an average of 39 days
Each home noted was listed on the MLS by owner over the past week with Entry Only New England and quickly went under agreement, much faster than the average of other homes in the same zip code that are currently under agreement.
FSBOs Enjoy Power of Internet Enabled MLS
The power of the MLS in driving exposure for a listing is awesome. The syndication power, and the Internet enabled MLS, whereby the most popular real estate websites are constantly being updated with the MLS as their source allows for sale by owners (FSBO) to successfully reach the buyer audience. Nearly the entire population of buyers start their search online, and the MLS is the gateway to reach those buyers.
Our clients have enjoyed a prosperous March 2014, fielding a great response to their flat fee MLS listings, having them quickly go under agreement, and they’re now poised for a final sale where they will enjoy saving thousands in real estate agent commissions.