Buy a House in 10 StepsStep 6 - Negotiate 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. |