How to Negotiate the Best Price When Buying A South Tampa Home
When you’ve finally found
the property you want to buy, make an offer to the seller with a written
contract called the purchase contract. Your agent will assist you in doing this
correctly before handing it to the seller’s agent. If the seller rejects your
offer, try to negotiate your way into an offer that the seller will accept.
More often than not, sellers of South Tampa waterfront homes for sale will be
willing to negotiate. Here are some very helpful negotiating techniques:
1. Gather information on the
seller’s motivation for selling. Know if they are in a hurry to leave the
property. They might be very discreet as to why they are selling but their
response to your initial offer will give you a hint. If the seller does not
want to go lower than the listing price, this may mean he is not in a hurry to
sell. If he accepts a counter offer that is higher than what you offered but
lower than the listing price, he might be in a hurry to move.
2. Avoid showing eagerness
to buy the home. You can probably show enthusiasm if there are multiple offers
for the home you’re trying to buy. When you know that you’re the only one who’s
made an offer, show that you are qualified to buy the home and are ready to
walk away if you can’t get the best deal.
3. Do not insult the seller
by giving a very low offer. Ask for help from your agent to find out if the
home is priced fairly. If it is, make an offer just slightly lower than the
listing price. You may offer lower if the property has been on the market for a
long time or if it is overpriced.
4. Be firm and do not get
emotionally swayed into buying a home that is priced more than you can afford.
If you’ve chosen a good and sincere agent, you will not be forced to buy a home
that does not fit your budget. Know the figures and the real value of homes for sale in South Tampa area so that you can defend your offer.
5. Offer creative ways for
getting a great deal if the owner does not want to go lower than the asking price.
Try to talk the seller into paying for repairs and contributing to the closing
costs.
6. Set a deadline for your
offer to show that you are serious about buying and avoid giving time for other
buyers to make an offer. Make the sellers know that you have other options and
are willing to walk away if they don’t decide soon enough to accept your offer.
Homes are often sold lower
than the list price so always try to negotiate. Remember to do your research
and ask help from your agent before making an offer and start haggling with the
seller. Keep in mind that you may not be able to get the price you want. Be willing to walk away and remain hopeful
that you will find the home of your dreams for the right price!
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