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10-STEP
BUYING
PROCESS
STEP 6
NEGOTIATE THE OFFER
Once your
offer is made, you and your real estate agent may need to
enter some negotiation in order to reach an agreement. Keep in
mind that almost everything is negotiable when you are buying
a house. This can give you a great deal of leverage in the
buying process - that is, if you have adequate information and
you use it in an appropriate manner. Your agent will have the
market knowledge and negotiating expertise necessary to make
sure that your offer is accepted at the best price and terms
possible for you.
Some of the
things that you may have to negotiate are:
· The price
· Financing
· Closing costs
· Repairs that need to be done
· Appliances and fixtures
· Landscaping
· Painting
· Occupancy time frame
The key to
successful negotiating is keeping in mind that the end result
must make both you, the buyer, and the seller happy.
Otherwise, negative feelings will persist throughout the
remainder of the process and someone may walk away feeling
that they were not treated fairly.
go to STEP 7
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