Quote:
Originally Posted by Xist
Zillow notified me the owner dropped the price of the blue house by $14,000, which is almost 18%.
It is still $125 per square foot. Another $14,000 and we can start negotiating?  |
I've brought this up before, but you don't start negotiating by waiting for someone else to reduce the price to what you want. You propose the terms, and they take it or leave it. I'll offer 50% of what someone is asking without blinking.
Effective negotiation requires coming from a solid place, which means you're able to quickly and easily fulfill the terms you propose with regards to price and payment. With real estate purchases, that means being pre-qualified at minimum.