Occupiers eyeing spaces that can evolve with their business functions:Massachusetts Homebuyers Homeownership

 BOSTON, MA – Boston commercial real estate firm Cresa released its annual Market Insight Reports, saying occupiers are eyeing spaces that can evolve with their business functions. Cresa report provides a unique viewpoint into the shifts in market activity, trends, and tenant perspectives.

 The reports synthesize client data and recent marketing activity into actionable strategies for Greater Boston tenants in 2022. For each market and geographic region, Cresa’s advisors summarize notable shifts since the start of the pandemic and forecast 2022 real estate activity as it relates to occupier planning and decision making. Some of the highlights include:

 Life sciences expansion continues to dominate the Greater Boston market, with several new lab enabled developments scheduled for completion in the next two years. With Cambridge prices soaring and workstyles evolving, tenants are more willing to consider the suburban space. As landlords and developers race to keep up with tenant demand, occupiers who need space solutions in the near term have limited options.

 Occupiers are eyeing spaces that can evolve with their business functions, support a variety of uses, and accommodate future growth. As a result, flexible infrastructure is increasingly desirable. With many organizations navigating their return to the workplace, downtown office tenants have focused on high quality, amenity rich buildings.

 Each of the reports provides additional findings and context around these trends, as well as suggestions for tenants looking to restructure their short and long term real estate strategies. Having closely monitored the market and its pandemic related shifts, Cresa offers data-driven insights and predictions for the future of real estate and the workplace in Greater Boston.
View all reports here.

The post Cresa Report: Occupiers eyeing spaces that can evolve with their business functions 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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