What's the best way to negotiate price once you're ready to buy?
Moving forward with an offer can be complicated, which is why you should agree on details with your REALTOR®, and then allow them to use their experience to enter into negotiations on your behalf. As you’d expect, your REALTOR will use in-depth ‘comparable’ information as a valuable negotiating asset when presenting your offer to the seller. But it’s also a good idea to authorize your REALTOR to relay pertinent details such as your desired possession date and financial ability to complete the sale. Having a substantial deposit on the property at the time of the offer is also recommended, to show that you’re serious about the purchase. Sellers are much more likely to accept an offer if they’re confident that it’s financially solid. Your REALTOR can also advise you on other ways to ‘package’ your offer, based on their knowledge of the seller and the REALTOR representing the seller’s interests.