Negotiating
the Purchase
Negotiating the purchase of your homes
can perhaps be the trickiest aspect of
the entire real estate transaction.
Success in a negotiating transaction is
most commonly attributed to luck,
however listed
below you'll find a few suggested tips to help
you negotiate to a fair agreement.
Begin your negotiating by offering a
fair price for the home. Be considerate
to the seller by offering a reasonable
price. This generally means doing
research on recent sale prices of
comparable homes in the area. Your
offering price should reflect these
figures.
Be attentive to your own priorities, and
be prepared to meet in the middle when
negotiating. Generally splitting the
difference will seal the deal in
situations where more repairs need to be
made, or a decision cannot be reached
about which party will take care of the
recording fee. For situations when you
cannot agree on a close-of-escrow date
one solution would
be to offer to pay more of the
transaction costs or be willing to do
some home repairs on your own, if a
sooner date can be negotiated.
Be willing and prepared to compromise,
because everyone in the situation wants
to be successful, including the seller.
Rather than approaching negotiations
with a ‘winner-take-all-attitude,’ be
mindful of your priorities, and keep
your emotions out of your
decision-making.
With these tips at your forefront, and
the professional real estate advise of Paul Loveless, negotiating should be a
worry-free transaction. Contact Paul
Loveless,
your Shenandoah Valley Real Estate
Agent, to find the perfect piece of
Frederick County VA Real Estate for you!
No one knows Shenandoah Valley Real
Estate Market Trends like Paul loveless.
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If you have any questions or would like
more information, please call us at
540.955.0730 or send an email to
paul@paulloveless.com.
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