Step
6- Negotiate the Offer on the Home
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.
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