Discount off listing price due to long time on market

[Brendan Francis]

We’ve heard we can get 10%-15% off listing price for condos on the market for several weeks. But we don’t know about the Boston market during covid. Maybe it’s more or less than standard national averages. We want to buy as low as possible and resell the condo in five years, after covid, for a profit. We’ve heard properties along the green line in Brighton are projected to grow in value due to expansion from Harvard, etc.

Anyway, that’s what we know and think so far. We really appreciate anyone who has more knowledge helping us figure this out. Thank you!

[Angel Ginnett]

You wont know until you try.  Is your realtor willing to write up lower offers on these units.  If so I would just target each one as they reach that timeline.  If they don't accept, move on to the next one.  If your realtor is not willing to try this strategy you may need to find a realtor who is.