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Tips for Negotiating an Offer
Negotiating an offer can be very stressful for both buyers and sellers.  Although a real estate transaction is a business deal, it is very often driven by high emotions of all those involved.  Keep in mind that buyers and sellers have the same goal in negotiating an offer.  Both parties ultimately want the deal to come together.  Here are some helpful negotiation tips for buyers and sellers:
Cooperation:  Throughout the entire process, both parties need to work together to reach the finish line.  Toward that end, keep the lines of communication open and positive.  Make a point to find out what the important issues are for the other person, and respect the other party’s needs.  Being combative can slow or halt the process. Price:  Both buyers and sellers have access to comparable sales figures.  Sellers, price your property competitively to attract offers.  Buyers, if you see that property is priced fairly, let your offer reflect that knowledge. Making an offer that is far less than the asking price only serves to alienate the seller, especially if you are aware that the asking price is in line with comparable sales. Compromise:  You may not get everything you want, but neither will the ... more

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