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Posted about 13 years ago

Livingston Homes for Sale Buyers: The Art of Winning The Negotiation

Look at you!  You have done your homework and are about to negotiate for that dream home of yours that is among Livingston homes for sale.  You should be so proud of what you’ve achieved, as you’re soon going to be a home owner.  But before you proceed to your seller’s house in Livingston real estate for that scheduled negotiation, my friend, here are a handful of helpful tips you might want to bring along with you.

1.    Go there prepared.  There’s no better way to say it, and it’s simple as that.  Needless to say, go there with your sales agent, this is no time to be a hero/heroine, as if you know what you need to know.  This is the stage where your agent can be more useful to you.  More than that, sellers sometimes deal with them, rather than directly with the buyer.

2.    Be polite.  Maybe it’s not you, but then again, you’re the one who’s asking a “favor,” not the other way around.  It may be a business transaction alright; again, situations like these are done professionally.  Never say, “take it, or leave it,” that doesn’t help; and more often than not, the seller would leave without doing business with you.  Follow the flow of things, leave room for negotiation.

3.    Please, don’t make a lowball offer.  And yes, there are buyers who do so.  Don’t add insult to injury.  Sellers are already struggling these days, but be sure to arrive at a reasonable offer.  If you do that, the seller might not only close the deal right away, but may also share with you closing costs and some tangibles in the house.

4.    Hand over to the seller your written offering price along with your approved letter from your lender.  You may ask your lender to do so just for this purpose.  This is already commendable as you’re showing to the seller your sincerity and seriousness in doing business with him/her, and of course, that you have the money to put down as deposit for the house.

5.    Put everything down in writing.  You may ask your real estate agent to help you out.  From the closing price, home inspection details, seller’s requests, sharing closing costs, to the items that they’re going to give you, all these should be written down and signed by all of you concerned and present in that negotiation.

6.    Lastly, whatever the outcome may be, whether they keys of the house are handed to you or your offer’s rejected, still, be amicable.  If it’s not for you, it won’t be for you, as they say.  Then again, there are other homes for sale in Livingston real estate, or in any other location for that matter.


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