Top 3 Ways to Negotiate the Best Price on a Home this Summer
Home sales are heating up so if you’re looking to buy an Arizona home this summer, now is the time to strike while the prices are hot. (No pun intended) But before you make an offer over the asking price on the first Phoenix home you see, consider negotiating the best price first. You’d be surprised what kind of smoking hot deals you can get on a home if you negotiate smart. Here are the top 3 ways to negotiate the best price on a home this summer.
1.) Do your homework
Knowledge is power so ask important questions. What are the comparable neighborhood sales? How long has the house been on the market? What‘s the seller‘s deadline? The more you know, the more well-constructed your offer will be.
2.) Don’t insult the seller
A buyers’ market doesn’t mean buyers should get arrogant when making an offer. One of the biggest mistakes over confident buyers make is offering way lower for properties than acceptable. If a seller feels disrespected you’re less likely to win the offer.
3.) Don’t be afraid to ask
There’s no telling what you may be able to get in a buyers’ market, so don’t be afraid to just ask! You can ask for an allowance or credit if there are costly repair items, ask for the seller to cover the closing costs, or even ask for a one year home warranty plan. The worst you can get is a no, but you may be pleasantly surprised with a yes.
If you’re ready to buy a home in Avondale, Litchfield Park, or Goodyear, the Bourland Group can help you navigate through each step of the process to assist you with making the best real estate investment decisions. Let us help you with your real estate investment goals. Call today! – Joe
The Bourland Group