For many, negotiating the price for a potential new home can be a stressful experience. You've studied the market, researched
neighborhoods, and identified a home that you would like to purchase. You've started the loan process, determined your credit
limit, and established a purchase price that you would like to offer the seller. You are ready to buy, so now you need to
be ready to negotiate. The best advice, of course, is to talk to your FREEDOM REALTORS professional and let their experience
work for you.
Top 10 Things to Consider When Negotiating
- How long has the property been on the market?
- Has the price been reduced during the listing period?
- Have there been any other offers on the property?
- Why is the seller selling?
- What all are you buying?
- What is the price range of properties that have been sold in the area?
- What other factors may affect the property value of the house or neighborhood?
- Don't let time pressure get to you
- Prioritize your tasks so you don't get overwhelmed.
- Don't get into a bidding war.
