Just to get it out of the way, yes, this unit was the home of NFL quarterback Tom Brady in the mid 2000s. We suppose some diehard fans may assign a premium valuation to the property and treat it as memorabilia. While the pedigree of the unit would make for good dinner party conversation, we’re setting that aside. …
Tag: Boston Real Estate
More concerning is the goldfish bowl effect of being close enough to 52 Beacon Street that you could carry on a conversation between the two buildings. …
In our view, the asking price here is on the aggressive side when you factor in the cost of renovating and that it doesn’t seem to reflect any co-op discount. At the right price, and assuming you pass the co-op board’s sniff test, this could be a very nice apartment. …
The Illusion of Fiduciary Duty in Real Estate Early in my real estate career, I had a client who was looking to buy a Beacon Hill home. We looked seriously at a relatively expensive property that was being offered by the firm that I was then affiliated with. After some due diligence, I uncovered a litany of fairly serious compliance problems with the property. I brought the issues to the attention of the office manager and I was shocked when …
Real Estate Fiduciary Services BOSTON – Buying and selling real estate can be tricky business. In Massachusetts, real estate sales agents routinely represent both the buyer and seller in the same transaction, a practice known as dual agency. According to real estate broker Andrew Haigney, “In a dual agency situation, the “double agent” is relieved of the fiduciary duty they may have owed one of the parties, and even better, the agent typically gets double the compensation.” Haigney calls these …
