Negotiating the Deal - Step #5

10 STEPS TO BUYING A HOME IN MAINE

NEGOTIATING THE DEAL - STEP #5

Negotiating every deal is different. Your agent will help you decide the best course of action for each situation depending on lots of factors.


How long has the property been on the market?

Has the price been reduced?

Are there other offers or interest?

What have comparable properties sold for recently?

Photo by Mr TGT

Your negotiation strategy will be different if the house is fresh on the market than if it has been listed for a year. If there are multiple offers you will have to be more aggressive than if you were the only interested party.

You might end up with an offer and counter offer several times before you come to an agreement. Don't be discouraged...it is all part of the process. Compromise is usually necessary from both buyer and seller to reach a successful agreement. Rest assured that if you did decide to have a Buyer Agent represent you, they are doing what they can to get the offer accepted...they are working for you!

If your offer isn't accepted on a property, there are more properties being listed every day, so something else will come along!