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February 6, 2023How to negotiate house price as a seller? Get the best price you can.
As a seller probably you won’t accept the price under the bottom line of your expected price. If you don’t want to lower the value and you want to get a good price for your property, there are several ways to negotiate. These ways can work especially when you don’t care most about selling your house quickly and can wait for an offer that will satisfy you.
Remember that buyers usually expect a back-and-forth negotiation. That’s why their first offer may be lower than what they’re actually willing to pay. If you want to close the deal, you can negotiate. But… even if you want to seem flexible, don’t agree to the price under your expectations.
If the buyer won’t agree to your price, don’t be afraid to reject his offer. Of course if you use this strategy you do risk the buyer walking away. But it can also make buyer think over again. If he/she is really interested, he/she will make a new offer. If he/she won’t do it you will not be wasting your time and you will get the chance to find someone who will be ready to pay as much as you expect.
Another thing you can do to get the price you want is to agree to pay closing costs. It can amount about 3% of the transaction. Buyers usually don’t want to pay additional fees, that’s why when you agree to pay closing costs they can agree for your price. So you can just raise the price of these costs.
However, the best solution is to ask your estate agent for advice. Agents are specialists and they can give you a clever idea.