Northeast Private Client Group Brokers Sale of a Mixed Use Building: Massachusetts Homebuyers Homeownership

 Newton, MA – Northeast Private Client Group announced the sale of Central Street Mixed Use in Holliston, MA.
Senior Associates Francis Saenz and Drew Kirkland represented the sellers and procured the buyers for the mixed use transaction totaling $4,100,000. The Central Street Mixed Use, located in Holliston, Massachusetts, sold for $4,100,000, equating to a price of $163.11 per square foot and a cap rate of 7.31 percent.

 The building boasts an impressive 25,137 square feet for storefront retail and office purposes. Constructed in the early 1960s, 90-100 Central Street underwent a third floor addition and extensive renovations in 2012. It also features off street parking in both the front and rear of the building. This property has a strong occupancy history, long term tenants with multiple year extensions. It is ideally located 5.9 miles from Framingham Commuter Rail and 30.7 miles from Logan International Airport.

 Northeast Private Client Group specializes in mixed-use, retail, and multifamily real estate, exclusively representing investors, property owners, and professional real estate investors. To date, more than 1000 successful transactions have been completed totaling over $3 billion in value within local submarkets around the Northeast and Southeast regions of the United States.

The post Northeast Private Client Group Brokers Sale of a Mixed-Use Building appeared first on Boston Real Estate Times.

Who Pays the Home Buyer's Agent?

Both seller's agent fees and buyer agent's fees are part of a typical real estate transaction and are included in the final negotiated purchase price of the property. There should be no additional fees to the buyer for a buyer's agent above and beyond the negotiated purchase price of a home unless specifically agreed in writing between the buyer and agent before an offer is made.

In most cases, the seller's agent pays the buyer's agent for bringing the buyer, negotiating the purchase price and terms, writing a legally correct offer, coordinating inspections, responses, and financing plus handling numerous additional details on the buyer's side of the transaction.

Buyers should avoid contacting seller's agents and sellers directly unless they are comfortable negotiating and representing themselves. That is why it is important for buyers to choose their agents BEFORE they begin looking at homes or as soon as possible if they have begun looking.

Did you know that fewer than one percent of the agents and brokers in Massachusetts have committed to being 100% loyal to their buyers 100% of the time?

To learn more about the pros and cons of various types of buyer agents, or to get a list of experienced local 100% loyal buyer's agents to interview without obligation, click the button below.

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Changes in Massachusetts Real Estate Law & How they Effect the Consumer: