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Updated about 8 years ago on . Most recent reply

New construction Negotiations & Concessions with a builder
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!
Most Popular Reply

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.