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Property Price Negotiating Tips |
Written by Melanie C
Thursday, 05 June 2008
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Successful negotiation is necessary for both parties to reach a satisfactory conclusion to the deal. Each side wants to feel that things have favoured them to some extent. The thing to keep in mind is fair pricing and respect for each other. The vendor is not likely to agree to a price that is way under fair value, while the purchaser will not want to pay an exorbitant price. Negotiating may also be necessary on other factors apart from price. There are often inclusions, meaning the things that are to be sold with the property. These may be furniture, fittings, appliances or machinery, in the case of a farm property. The amount of deposit may be subject to debate, also the settlement, or the moving dates. Each side must give and take a little to get a fair deal. A time-honoured way of reaching agreement is to meet in the middle. This means that both the buyer and the seller each lose and gain an equal amount. An experienced mediator can be used to reach agreement. Many real estate agents are trained in the fine art of negotiating, so if you were having trouble settling, then it would be worth your while seeking help. Article Source: http://www.ArticleBlast.com |
About The Author:
Find out more about competitive mortgage options and use our mortgage calculator with QuickDirect (http://www.quickdirect.com.au).
Find out more about competitive mortgage options and use our mortgage calculator with QuickDirect (http://www.quickdirect.com.au).
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