Global Power | Local Knowledge | Uniquely Personal
中文

Spring Market - Buyers Negotiating Tactics

In his regular column, President of the PBAAA, Peter Kelaher offers some advice to those looking to go house hunting this Spring.
This is the busiest time of the year for buying and selling real estate, so today I will share a few negotiating tactics for buyers that might help them with their assistance in purchasing their dream home.

One of the best tips I can give any prospective buyer is to make sure that when they view a property and they absolutely love it, that they contain their excitement.

If a real estate agent knows that you just got to have it, he or she will really make sure you pay top dollar for it. Show subdued interest, and whatever you do don't start measuring up where your fridge will go, before you buy the property.

Always advise the agent that there are three properties you are interested in purchasing at present, and that at the end of the day it will all come down to price.

If they ask you which properties you are looking at, tell them that you would prefer to keep it confidential. If they ask what price range you are looking at purchasing in, give them a broad range and tell them that it really depends on the condition of the house, to what price you would go to.


Hot Tip: Buyers be aware that the real estate agent works for the vendor not you.

DISCLAIMER: All information provided is of a general nature only and does not take into account your personal financial circumstances or objectives. Before making a decision on the basis of this material, you need to consider, with or without the assistance of a financial adviser, whether the material is appropriate in light of your individual needs and circumstances. This information does not constitute a recommendation to invest in or take out any of the products or services provided by SMATS Services (Australia) Pty Ltd or Australasian Taxation Services Pty Ltd.

COPYRIGHT: All information provided is protected by international copyright laws. You may not copy, reproduce, distribute, publish, display, perform, modify, create derivative works, transmit, or in any way exploit any such content, nor may you distribute any part of this content over any network. Copying or storing any content is expressly prohibited without prior written permission of SMATS Group or the copyright holder identified in the individual content's copyright notice. For permission to use the content on please contact info@smats.net.

Subscribe Now