In a competitive housing market, strong negotiation skills can make the difference between a good deal and a great one. Here are some simple tips to keep in mind as you strengthen your position and secure the best real estate deal possible.
Knowledge is power, especially when it’s time to negotiate. Analyze recent sales in the neighborhood to determine a realistic market value. Research the difference between a buyer’s and seller’s market to help dictate how aggressive or flexible your strategy should be.
While modern technology makes virtual tours feel realistic, nothing can help you determine if a home is suitable for your needs quite like being there in person.
Ask the seller to include a home warranty that covers systems and appliances, especially in older homes. Home warranty plans can save time and money down the road on covered repairs and replacements.