What Goes Into Making an Offer Below Asking Price
You’ve found a house you love. It’s the perfect size, layout, condition and even has your must-haves. There's only one problem. The seller’s asking price is too high. It's time for the phase of home buying that most people dread and even fewer are skilled at: the art of negotiation.
Make no mistake, negotiation is part skill and part art form. An experienced buyer’s agent will know how to finesse the contract negotiations and save you a lot of hassle. Your gut might tell you that the asking price for the house is too much, but you'll have a better chance of getting a lower offer accepted if your agent can back it up with facts.
A few key elements:
- Comparables and Statistics
- Following a Process
- Seller Motivation
- Making Your Lower Offer Work for Them
- Making the Asking Price Work for You
- A Backup Plan
- The End Game
To see the complete story and more in depth explanation of these key elements please visit www.TampaHomesSold.com/Nick-Cindy-Davis-Blog.aspx