Jefferson Medical School condo buyers
Every spring, my phone starts ringing off the hook with a lot of Jefferson Med students- potential buyers who have figured out that buying a condo in the area is a wise investment, as opposed to a long term rental.
Specializing in the sale of downtown Philadelphia condos over the past twenty years has enabled me to have a fair amount of insight into what these buyers are looking for in terms of location, amenities, and value they seek in a potential area condominium. Many of these buyers have become my favorite type of buyers, as parents are heavily involved in the search process- and I love parental involvement! Many incoming “Jeff” students are aided, financially, by their parents, and therefore have a fair degree of parental input.
I think the main ingredient that parents deem essential to any Philadelphia condo purchase is safety. Coming from (perhaps) an area outside the city, they are often unfamiliar with the neighborhoods, and emphasize the safety of their sons and/or daughters as paramount in their condo search. As many Jefferson Medical Students work odd hours, any may have to go to or from work at all hours of the day and night, this concern is universal for many parents.
Finding the right mix of emotional “wow” for the offspring who will be occupying any given condo, and ‘value/security” is a challenge I relish. And more times than not, a compromise between the parental purse strings and the occupying offspring is in order to make a deal. And if that compromise happens to include stainless steel appliances, a groovy color scheme, and perhaps a large walk-in shower stall, then touché! Homerun!
Mark Wade
www.CenterCityCondos.com
Prudential Fox and Roach REALTORS®
530 Walnut St., Suite 260 Philadelphia, PA 19106
