How to Negotiate the Price of a House: 10 Proven Strategies
Posted by Ray Yang on
Whether you're a first-time buyer or a seasoned investor, negotiating the price of a house is one of the most important — and often nerve-wracking — parts of the home buying process. But with the right strategies, you can secure your dream home without overpaying.
1. Do Your Market Research
Before making an offer, analyze comparable sales (comps), current listings, and how long homes stay on the market in the area. A well-informed buyer is a powerful negotiator.
2. Get Pre-Approved
A pre-approval shows sellers you’re financially ready and serious, making your offer more appealing — even if it's slightly below asking.
3. Understand the Seller’s Motivation
Is the seller in a hurry? Already moved out? Knowing their situation can…
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