Ask The Realtor: How hard can I negotiate a purchase price down without being insulting?
Ask The Realtor: How hard can I negotiate a purchase price down without being insulting? – Austin P.
Most buyers want the best deal they can get, and the same holds true for most sellers. It is important to realize that your offer should be based on market value not asking price. If your offer is much lower than the asking price and market value, some sellers may be insulted and may not even counter your offer. However, if your offer is much lower than the asking price, but is a fair market offer, then there is no need to worry about insulting the seller. A BIG mistake many buyers make is assuming they did great because they got the seller to come down substantially, but in reality the seller was just simply overpriced.
Visible Homes helps our buyers understand the market value prior to submitting an offer. Based on that information, our buyers can determine how aggressive they want to be with their offer. This typically includes a lot of factors, such as time on the market, price changes, upgrades, etc. This allows our buyers to make very educated decisions.
