10 Tips on How to Negotiate the Purchase Price of a Property
You want to negotiate the purchase price for a house or apartment? We give you 10 tips on how to do it and what you need to consider before.
Nick Mulder
Published on Dec 3, 2022
What price is fair when buying real estate? This question is not easy to answer. As a buyer, it definitely gives you a good feeling if you can negotiate the price in your own favor.
Table Of Contents
- Tip #1: Seller’s motivation
- Tip #2: How long has the property been listed
- Tip #3: Know your local market like a pro
- Tip #4: Use property valuation tools
- Tip #5: Let your max price budget be your guide
- Tip #6: Be prepared & move quickly
- Tip #7: Negotiate the agent’s commission
- Tip #8: Sit out your price offer
- Tip #9: Don’t fall in love with the property (too much)
- Tip #10: Negotiate the price on rented properties
