7 Must Have Tips: Negotiating a Property Deal | 1 | askHousing discusses 'Negotiation' | Housing.com
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#shorts Are you looking to invest in a new home?
Are you wondering if negotiating the price would get you a better deal?
Watch the full video here: 7 Must Have Tips: Negotiating a Prope...
Watch this video and read the article given below to know more about Negotiation Techniques on Housing.com.
Find some amazing nifty tips that will help you get a better deal:
1. Market knowledge always matters:
Knowledge always pays off, right? Similarly, having market knowledge aids with property investments. Aapko past & current property market ke baarei mei ache se jaana chahie to know if the market is more in favour of sellers or buyers due to a higher demand trend? Isse aapko yeh bhi pata chalega ki seller inclination kis side hoga and Once you work this out, aapko pata hoga ki negotiate kis level tak kiya jaa sakta hai. Agar market buyer ko preference de raha hai as per the data, then aapke paas automatically leverage hai to get a better deal, buy if its a seller’s market toh you dont have much room to negotiate. Housing inventory, availability levels & demand trend se aapko apni city ke real estate sector ke baarei mei kaafi pata chal sakta hai like sales figures, prices of similar properties, price expectation in the near future & so on.
2. Professional assistance is not a bad thing:
Zadatar property buyers brokers ya agents ko hire karna avoid karte hai to save on their fees but it is not always a bad deal. Housing.com’s agents are trained to help you get a better price that will help you save more than what you would spend on the brokerage, kyonki brokers ko local market ki extensive knowledge hoti hai & woh aapko better options bata sakte hai in your preferred areas & budget.
3. Cash deals are better for you:
Many real estate developers offer free gifts and other marketing freebies for selling properties. Agar aap cash payments arrange kar sakte ho toh instead of such freebies, you can ask for cash discounts. Cash payments aapko negotiations mei bhi help karega.
4. Showing interest is good or bad:
The old saying is that if you show eagerness or interest, the seller will increase the price; par property buying ke case mei aisa nahi hota hai. property buying ki tarah, property selling bhi challenging hoti hai, isiliye agar aap interest & curiousity show karoge toh seller ko bhi feel hoga ki uski property sell ho jayegi and aap ek genuine buyer ho. So, to make the sale faster, he will be inclined to offer you discounts or good deals on his property.
5. What does the seller needs:
Agar aapko pata chal jaaye ki seller apni property kyon sell karna chahta hai, then you will have an upper hand in your negotiations. Try to figure out an answer to the following questions:
Why is the property being sold?
Is it a distress sale to raise money?
Seller ko immediately sell karni hai or if he can sell aaram se?
If there is any such emergency issue?
These answers will help you formulate your negotiation script to get a better price point.
6. Be ready with your money:
Agar aap financially sorted ho, i.e., cash or loans approved hai, then Sellers will be more inclined to close the deal with a better offer to avoid any hastles.
7. Don’t doubt the situation:
Har property deal negotiable hoti hai. This does not mean that you will always win when you negotiate, par as previously mentioned 1 se 5% bhi off mil jaaye toh its a win-win situation for everybody.
What is the key takeaway?
See, seller bhi negotiate utna hee karega jitna he can afford. So, aapko pehle market knowledge pr focus karna chahie, then rapport build karni chahie with the seller, then, reasons janne chahie seller ke to seller the property & in the end, apne financials sort karne chahie. If all these things are in place & if your idea is to create a win-win situation for both parties, tab the seller will understand your needs & sell his property at a desired price point.
We hope you enjoyed the interaction with Sagar Duggal & let us know what else you have in mind in the comments section.
Keep The Questions Rolling!!!
Link to the blogs:
1. https://housing.com/news/
Like | Comment | Share the video & Subscribe to our channel to clear more real-estate doubts with Ask Housing.
Stay tuned…
Tell us your questions & doubts in the comments section below:
Check out Housing.com now:
https://dzfki.app.link/lPEcCTeXkwb
Join our Telegram community to know more about the Real Estate Industry:
https://t.me/+pyumO112wkdmN2Vl
#shorts
#shorts Are you looking to invest in a new home?
Are you wondering if negotiating the price would get you a better deal?
Watch the full video here: 7 Must Have Tips: Negotiating a Prope...
Watch this video and read the article given below to know more about Negotiation Techniques on Housing.com.
Find some amazing nifty tips that will help you get a better deal:
1. Market knowledge always matters:
Knowledge always pays off, right? Similarly, having market knowledge aids with property investments. Aapko past & current property market ke baarei mei ache se jaana chahie to know if the market is more in favour of sellers or buyers due to a higher demand trend? Isse aapko yeh bhi pata chalega ki seller inclination kis side hoga and Once you work this out, aapko pata hoga ki negotiate kis level tak kiya jaa sakta hai. Agar market buyer ko preference de raha hai as per the data, then aapke paas automatically leverage hai to get a better deal, buy if its a seller’s market toh you dont have much room to negotiate. Housing inventory, availability levels & demand trend se aapko apni city ke real estate sector ke baarei mei kaafi pata chal sakta hai like sales figures, prices of similar properties, price expectation in the near future & so on.
2. Professional assistance is not a bad thing:
Zadatar property buyers brokers ya agents ko hire karna avoid karte hai to save on their fees but it is not always a bad deal. Housing.com’s agents are trained to help you get a better price that will help you save more than what you would spend on the brokerage, kyonki brokers ko local market ki extensive knowledge hoti hai & woh aapko better options bata sakte hai in your preferred areas & budget.
3. Cash deals are better for you:
Many real estate developers offer free gifts and other marketing freebies for selling properties. Agar aap cash payments arrange kar sakte ho toh instead of such freebies, you can ask for cash discounts. Cash payments aapko negotiations mei bhi help karega.
4. Showing interest is good or bad:
The old saying is that if you show eagerness or interest, the seller will increase the price; par property buying ke case mei aisa nahi hota hai. property buying ki tarah, property selling bhi challenging hoti hai, isiliye agar aap interest & curiousity show karoge toh seller ko bhi feel hoga ki uski property sell ho jayegi and aap ek genuine buyer ho. So, to make the sale faster, he will be inclined to offer you discounts or good deals on his property.
5. What does the seller needs:
Agar aapko pata chal jaaye ki seller apni property kyon sell karna chahta hai, then you will have an upper hand in your negotiations. Try to figure out an answer to the following questions:
Why is the property being sold?
Is it a distress sale to raise money?
Seller ko immediately sell karni hai or if he can sell aaram se?
If there is any such emergency issue?
These answers will help you formulate your negotiation script to get a better price point.
6. Be ready with your money:
Agar aap financially sorted ho, i.e., cash or loans approved hai, then Sellers will be more inclined to close the deal with a better offer to avoid any hastles.
7. Don’t doubt the situation:
Har property deal negotiable hoti hai. This does not mean that you will always win when you negotiate, par as previously mentioned 1 se 5% bhi off mil jaaye toh its a win-win situation for everybody.
What is the key takeaway?
See, seller bhi negotiate utna hee karega jitna he can afford. So, aapko pehle market knowledge pr focus karna chahie, then rapport build karni chahie with the seller, then, reasons janne chahie seller ke to seller the property & in the end, apne financials sort karne chahie. If all these things are in place & if your idea is to create a win-win situation for both parties, tab the seller will understand your needs & sell his property at a desired price point.
We hope you enjoyed the interaction with Sagar Duggal & let us know what else you have in mind in the comments section.
Keep The Questions Rolling!!!
Link to the blogs:
1. https://housing.com/news/
Like | Comment | Share the video & Subscribe to our channel to clear more real-estate doubts with Ask Housing.
Stay tuned…
Tell us your questions & doubts in the comments section below:
Check out Housing.com now:
https://dzfki.app.link/lPEcCTeXkwb
Join our Telegram community to know more about the Real Estate Industry:
https://t.me/+pyumO112wkdmN2Vl
#shorts
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