5 Negotiation Tips Smart Buyers Use for Successful Home Deals
Smart home buyers always employ the art of negotiation. These people can play with the home prices, household items and furnishings, mortgage, and the overall cost of relocating – they’re not called smart for nothing! Here are five negotiation tips straight from the experts of C. Moore Realty:
Partner up With Your Trusted Realtor
A little help from your real estate agent won’t hurt. Here are some of the services they can offer:
- Act as your advisors during the negotiations
- Offer their expertise in the local real estate market
- Help you find the best home that suits your needs
Develop a Win-Win Attitude
Offer a deal that’s difficult to refuse and beneficial to both you and the seller. You could negotiate the seller’s asking price for a lower amount while offering to take care of some documents in exchange, saving them time.
Understand How Motivated the Seller Is
A seller who’s waiting to sell the property before buying another or one who is in need of cash to pay off debts is more likely motivated to sell the property even below the asking price – and you can take advantage of that.
Make a Favorable but Realistic Counter-Offer
Smart home buyers are always interested in getting the best deal. If you have a winning counter-offer that the seller can’t ignore, such as purchasing the house at a 3% discount while taking care of the legal paperwork, go for it.
Put Enthusiasm and Deadline to Your Offer
If nothing works, don’t lose your cool and enthusiasm. Instead, establish a strong offer price and put in a deadline. The seller will likely consider it for fear of missing out.
The Bottom Line
Negotiation is a skill that many home buyers use to save money while getting the best deal possible. But with the help of your trusted realtor in Alberta, Canada, it could become an even easier process. To get started, contact us for inquiries or give us a call at (780) 228-3469.