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Top Tips On Negotiating For A House Purchase Price

Top Tips On Negotiating For A House Purchase Price

Top Tips On Negotiating For A House Purchase Price


When you decide that you want to purchase as big an investment as buying a house or a condo then there are things you need to do like make negotiations. Regardless of whether you will be working with a developer, an agent or a private seller, in all these situations you will be essentially expected to negotiate, this is the way of the world. Therefore, do not feel guilty for doing it, it is all part of a buying selling process, everywhere. Now, with that being clear, there are some other tips and tricks you will need to keep in mind in order to get the best deal you possibly can without pushing things to an extent of losing a good deal.

  • Understand the Market Tides

Before looking for a Chiang Mai property for sale, you should make sure you take an extensive research on the market. It will just be a waste of your time if you keep on looking t properties you are well aware are too far from your price range but you also don’t want to turn down offer that seem too high while they might actually be worth a fair price. In order for you to achieve this, you can look at the classifieds as well as online listings for the kind of property you are looking for in terms of size, location and construction.

  • Understand Negotiations

So how do you negotiate anyway? One thing you have to remember is the fact that they are always a two party discussion that will lead to an agreement. When making an offer, always try to think objectively considering things like why the seller put the property on sale, remember you and the seller need to come up with a deal you are comfortable with or it will not work.

  • Keep the Communications Open

Keep communications as open as you can, making them hungry for the deal. Most of the time, it is best to works with an agent instead of a private seller because they might not be as professional as the agent is.

  • Stick To Your Budget

Buying a house or a condominium is a very big investment and you really have to be sure of it before you make the purchase. Before you actually start looking at the Chiang Mai properties for sale, you need to assess your financial situation and determine the specific budget for it. When you do this, you will avoid the temptation of looking at properties you cannot afford and it will make you a better negotiator when you know you have a chance at getting a property with a higher price, with the budget you have. Of course, you will also know when to walk away but you will be able to realize an opportunity to push.

  • Stay Positive

It is imperative that you maintain a confident and positive attitude during the process of negotiating. There is a need to be stern but you cannot afford to be threatening, you need the seller to actually-want to do business with you and for them to feel good that they have made a sale which has made a client happy.


Angel Real Estate Consultancy

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