Negotiate for a better price

Once you’ve decided on a house that’s in your price range you have to decide whether to pay the seller’s asking Negotiating Tips - RiteWayprice or negotiate for a better price. There are several things you should consider if you want to negotiate for a better price:

  • The sales price on other comparable properties in the area.
  • What neighborhood the home is in.
  • The number of people making offers.
  • Whether it’s a buyer’s market (houses are plentiful and the buyer has the advantage) or a seller’s market (houses are scarce and the seller has the advantage).
  • Why the sellers are selling.
  • Have the owners already found and bought another home.
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