Negotiating tips for today’s homebuyer
At some point in time you will have to negotiate, whether its conflict at your office or perhaps negotiating a purchase of a Boston condo for sale in 2022.
In this funny clip below Steve Carroll makes his best effort to negotiate a deal.
For serious Boston condo buyers scroll down for some solid negotiate tips for the Boston condo for sale market in 2022.
________________________________________________________________________________________________________________________
How can you make sure you pay as little as possible for the home you love?
* Know what comparable properties are selling for.
If the home is priced higher than the competition, then your seller should be willing to negotiate. In addition, if the price is significantly higher, the owner’s agent probably already knows this – the owner probably forced the agent to list it at the inflated price. The owner’s agent will probably welcome your offer, no matter how low it is. It will allow the agent to go back to the owner and tell him/her, “I told you so.”
* Know how long the property has been on the market and the list price history.
If the property has been on the market for awhile, it means that either it was priced too high or that there’s something terribly wrong with it. Most likely, reason #1. If the price has gone down over time, it could mean the owner is willing to negotiate on price. However, if the owner has stuck to the same price, month after month, it means he or she is damn stubborn. You’ll have to figure out a way to persuade the owner to take your lower price – perhaps you’re paying cash, or can close whenever the owner wants, whatever.
* Know all the basics about the property and the neighborhood.
Is there water in the basement? Cracked windows? Old appliances? These are the types of…