how to negotiate house price when buying

When it comes to real estate, sometimes the best deals go to the buyer with the sharpest negotiating skills. Here’s some expert advice on how you can haggle like a pro. Subscribe to AOL On.

If the seller seems emotionally tied to a certain price on his or her home, instead of asking the seller to lower their asking price, ask for certain concessions, such as repairs, that the owner contribute to the closing costs, or that they leave the washer and dryer, the riding lawn mower, etc. Negotiate After Inspection

While negotiating for a house can seem daunting, keep in mind that the seller is also probably pretty worried about getting the price they want. Circumstances can be in your favour, making it more likely the seller will accept a bid lower than the asking price – sometimes much below.

Yes you would, if you’re planning to buy a house. Every day New Zealanders negotiate for houses, pitching their bargaining skills against those of a seasoned professional – the real estate agent. REDnews spoke to two real estate experts who between them have helped negotiate thousands of property deals.

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A reduction in the risk of buying a capital growth lemon. The primary role of a real estate agent is to look out for the interest of the seller. A buyer’s agent looks out for the interest of the buyer. Hopefully, these dos and don’ts of negotiating help you get the best house for the right price.

Get a Real Bargain. These will indicate to the developer that the buyer is serious, making it more than willing to negotiate," says Nair. "If the customer has surplus funds and wants to make a cash-down payment, he can negotiate for further discounts, even as high as 9.

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