Wednesday, January 04, 2006

Six Key Negotiation Tips For Home Buyers And Sellers

Success in a slowing real estate market requires paying greater attention to negotiation skills. According to SouthCoastToday.com, there are six key questions for home buyers and sellers to get answered for a successful home sale negotiation. Few of them are why is the seller selling this lovely home, what was the home seller’s purchase price, what is the buyer’s motivation to purchase my home, has the sellers obtained a professional home inspection report. When negotiating a home sale, sellers and buyers cannot ask too many questions to enhance their negotiation position. The prime reason is to determine how motivated the other party is to buy or sell. However, if the other party is highly motivated, then you are in a strong circumstance to negotiate your strongest price and terms. [Robert J. Bruss, SouthCoastToday.com, 2005]

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