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Updated about 8 years ago on . Most recent reply

User Stats

90
Posts
21
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Dave Godfrey
  • Real Estate Agent & Investor
  • West Chester, PA
21
Votes |
90
Posts

New construction Negotiations & Concessions with a builder

Dave Godfrey
  • Real Estate Agent & Investor
  • West Chester, PA
Posted

Hi everyone.   I am a real estate agent and am representing a buyer on a new construction home.

I am curious what negotiation tactics have worked well for you (as a buyer's rep) on new construction homes.   

Are builders inclined to give additional price breaks... or hold firm on prices but "throw in at no additional cost" a certain option.  Or will they do both?  

How much (in dollar terms) have they discounted?

Notes: The house has a base price of ~$350k.  Buyer is looking at options between $20-40K.   It's in a community of 50 homes, with about 12 left.  The builder is currently offering a slight discount package available to anyone who stops by the model home office.   I am looking to negotiate even further and would love your insight and/or what's worked for you in the past.

Thanks in advance!

  • Dave Godfrey
  • Most Popular Reply

    User Stats

    67
    Posts
    20
    Votes
    Dany Namou
    • Realtor
    • Detroit, Michigan
    20
    Votes |
    67
    Posts
    Dany Namou
    • Realtor
    • Detroit, Michigan
    Replied

    Most builders will not move on price because they don't want to hurt the comps, but they are much more likely to give you some free/discounted options.

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