What are some home buying negotiating tips?
One of the most frequently asked questions about buying a home is related to negotiating a fair price. Buyers — especially first-time home buyers — want home buying tips, particularly about negotiating. While some people feel uncomfortable bargaining even at a garage sale or farmer’s market, in real estate, negotiating is part of the home buying process and I love to negotiate !! Here are proven tips for becoming a successful negotiator when it comes to buying a home: Home Buying Tip #1: Know your seller’s motivation. A seller who needs to move quickly because of a job transfer, divorce, or contract on another home is more likely to accept a lower price. In this case, the seller is motivated by closing the sale quickly. Home Buying Tip #2: The “listing” or “asking” price is what the seller ideally would like to receive. However, it’s not necessarily what he or she will settle for. Home Buying Tip #3: Before you make an offer, know the market value of the home. Your Imagination Agent