According to the 2011 National Association of Realtors® Profile of Home Buyers and Sellers, the second most popular reason buyers use a real estate agent is to help with the negotiation process. However, buyers can negatively impact the process making mistakes which lead to them losing their dream house. Don’t make these negotiation blunders:
- Not entering with a negotiating strategy: Before submitting an offer, try to remember that the seller has already decided how much money they want from the sale of their property. “Knowing how to negotiate a home purchase effectively is the key to getting the best deal,” says Jennifer Srock, Accredited Buyer’s Representative. “Without a plan, you might risk losing the house you want.” [Read more…]