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Think Smarter with Nick. April 2023

think smarter 2023

In the competitive Boston real estate market, it's crucial to make the right improvements to stand out and secure a quick, profitable sale. At Berkshire Hathaway HomeServices Warren Residential, we are proud to partner with Curbio, a national contractor who provides a wide range of repair and remodeling services that sellers don't have to pay for until after the property sells. In this post, our CEO, Nick Warren, shares some insights on the best improvements sellers can make to increase the chances of a successful sale in the Boston real estate market.

How does the partnership with Curbio benefit sellers in the Boston real estate market?

Our partnership with Curbio offers a significant advantage to sellers, as it allows them to make necessary improvements and renovations without any upfront costs. This means that sellers can maximize the potential of their property without worrying about the financial burden of renovations. By deferring payment until after the sale, sellers can focus on making the right improvements that will attract buyers and ensure a quick and profitable sale.

Can you provide examples of the types of renovations Curbio can assist with in preparing a condo for sale?

Curbio can handle a wide range of renovation projects, from minor repairs and cosmetic updates to more significant remodeling projects. Some examples include painting, upgrading lighting, replacing outdated fixtures, updating kitchens and bathrooms, and even adding built-in storage solutions. Curbio's team of experts will work with you to identify the best improvements for your property and ensure a seamless renovation process.

What is the first thing a seller should focus on when preparing their property for sale in Boston?

The first thing a seller should focus on is creating a strong first impression. In the case of condos, this includes the building's exterior and common areas, as well as the interior of the unit itself. While it can be difficult to control the look and feel of common areas in condo buildings, you can let the management company know you are planning on selling and see if they can make sure the entryway is clean and well-maintained. If possible, consider adding some tasteful decorations to create a welcoming atmosphere.

Which home renovations typically provide the best return on investment (ROI) for properties in Boston?

The best ROI for improvements generally comes from smaller, less expensive updates such as painting, replacing outdated fixtures, and upgrading lighting. Additionally, updating kitchens and bathrooms can also yield a high ROI, as these are the areas that buyers often focus on the most. In a condo, maximizing the use of space and making it feel larger is also essential, so consider adding built-in storage or using mirrors to create the illusion of a more spacious unit.

Are there any specific improvements that are particularly important for the Boston condo market?

Get rid of distractions! Make those small repairs that you've been putting off. Paint the old water stain, regrout the tile, fix holes in screens, etc. You don't want potential buyers leaving and only thinking about the crack on the wall when they first walk in.

How important is staging when it comes to selling a property in Boston?

A well-staged property can help potential buyers visualize themselves living in the space and can highlight the unit's best features. Hiring a professional stager or making simple changes such as decluttering and rearranging furniture can make a significant difference in the overall appeal of your property.

Is there anything a seller should avoid when making improvements to their property?

Sellers should avoid making overly personalized improvements, as these may not appeal to a broad range of buyers. It's essential to keep a neutral palette and avoid any design choices that might be polarizing. Additionally, be mindful of your condo association's rules and regulations when making improvements, as some changes may require approval from the association.

In conclusion, we understand that preparing your property for sale in the Boston area can be a daunting task, but with the right improvements and attention to detail, you can increase the chances of a quick and profitable sale. Our partnership with Curbio allows you to make these improvements without any upfront costs, further enhancing your property's appeal in this competitive market. Focusing on creating a strong first impression, making smaller updates with a high ROI, and considering the preferences of Boston buyers will go a long way in ensuring your property stands out and sells quickly.

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