Tuesday, February 18, 2014

5 Negotiating Tips When Buying a Hobson West Naperville Home for Sale

5 Negotiating Tips When Buying a Hobson West Naperville Home for Sale


Bargain your way to a great new home with these 5 amazing tips.


Buying your dream home ranks among the biggest and most challenging decisions you will make. You want to get the best home but within your budget.  If you are among those who have fallen in love with the beauty and charm of the Hobson West Subdivision Homes for Sale in Naperville IL, here are some great negotiating tips that can help you land the deal of a lifetime:

You can bargain your way to a great new Hobson West Naperville home for sale.



1.      Do your homework.

Request a Comparative Market Analysis from your REALTOR®. This report will help you know the comparison between the property you want to buy and similar houses within the area that are on the market. It will also help you determine if the seller’s asking price is a true reflection of  market value. Armed with this knowledge, you can come to the negotiating table confident that you can negotiate a fair price.

2.      Get to know the seller.

Trulia's real estate expert and author, Michael Corbett, said that, “Knowing the seller is just as important as knowing the market and the house when trying to lower a home’s asking price.” For instance, if the seller’s reason for putting the home on the market is because he or she accepted a job in a new area, you can use that information to your as advantage to buy the home immediately but at a lower price.

3.     Keep a ‘poker face’.

Even if you think you’ve found the perfect home among the Hobson West Naperville IL homes for sale, don’t let it show on your face. If you reveal too much interest, the seller may use that as an advantage to take the upper hand in the negotiations.

4.      Be prepared to present a range of figures.

When extending an initial offer, have a range of prices instead of sticking to one hard number. This will allow you flexibility when negotiating while keeping your offer within budget.

5.      Keep perspective.

Your main goal is to buy a home, not to beat the seller. Don’t let the desire to get the home for the lowest price sidetrack you from what’s really important. Don’t walk away from your dream home just because the seller won’t deduct another $3,000 or so during the negotiation.
Remember that there is a fine line between a reasonable offer and an insulting offer. With proper research, careful planning and the help of a trusted REALTOR® , you can bargain your way to a great new home. For inquiries regarding Hobson West Naperville IL homes for sale, call Teresa Ryan at 630-276-7575630-276-7575.


Teresa Ryan
Broker/Owner, CDPE
Ryan Hill Realty
1001 E. Chicago Ave., Ste. 103
630-276-7575630-276-7575
TRyan@RyanHillRealty.com

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