{"id":21310,"date":"2024-08-21T00:38:59","date_gmt":"2024-08-21T06:38:59","guid":{"rendered":"https:\/\/woodriverweekly.com\/?p=21310"},"modified":"2024-08-19T14:44:00","modified_gmt":"2024-08-19T20:44:00","slug":"helpful-negotiation-tactics-for-todays-housing-market","status":"publish","type":"post","link":"https:\/\/woodriverweekly.com\/index.php\/2024\/08\/21\/helpful-negotiation-tactics-for-todays-housing-market\/","title":{"rendered":"Helpful Negotiation Tactics for Today\u2019s Housing Market"},"content":{"rendered":"<p><em>BY ANNA &amp; MICHELLE<\/em><\/p>\n<ul>\n<li>If you haven\u2019t already heard,\u00a0homebuyers\u00a0are regaining some negotiating power in\u00a0today\u2019s market. And while that doesn\u2019t make this a buyer\u2019s market, it does mean buyers may be able to ask for a little more. So, sellers need to be ready for that possibility and know what they\u2019re willing to negotiate.<br \/>\nWhether you\u2019re looking\u00a0to buy\u00a0or\u00a0sell\u00a0a house, here\u2019s a quick rundown of potential negotiations that may pop up during your transaction. That way, you\u2019re prepared no matter which side of the deal you\u2019re on.<\/p>\n<p><strong>What Can You Negotiate?<\/strong><br \/>\nMost things in a home purchase are on the negotiation table. Here\u2019s a list of just a few of those options, according to\u00a0Kiplinger\u00a0and\u00a0LendingTree:<\/li>\n<li><strong>Sale Price:<\/strong> The most obvious is the\u00a0price\u00a0of the home. And that lever is being pulled more often today. Buyers don\u2019t want to overpay when affordability is already so tight. And\u00a0sellers\u00a0who aren\u2019t realistic about their asking price may have to consider\u00a0adjusting\u00a0their price.<\/li>\n<li><strong>Home Repairs:<\/strong> Based on the\u00a0inspection, a buyer is within their rights to ask the seller to make reasonable repairs. If the\u00a0seller\u00a0doesn\u2019t want to do that, they could offer to reduce the home price or cover some closing costs, so the buyer has the money to take them on themselves.<\/li>\n<li><strong>Fixtures:<\/strong> Buyers can also ask for\u00a0appliances\u00a0or furniture to convey when the house changes hands. Having the seller throw in the washer and dryer cuts down on expenses the buyer would have when moving in. As the seller, you could leave your existing ones behind to sweeten the deal for your buyer, and get yourself new ones for your next place.<\/li>\n<li><strong>Closing Costs:\u00a0<\/strong>Closing costs\u00a0typically run about\u00a02-5%\u00a0of the home\u2019s purchase price. Buyers can ask the seller to pay for some or all of these expenses to offset the cash the buyer has to bring to the table.<\/li>\n<li><strong>Home Warranties:<\/strong> Buyers can also ask the seller to pay for a\u00a0home warranty. This is great for buyers worried about the maintenance costs that may pop up after taking possession of the home. And since this concession usually isn\u2019t terribly expensive for the seller, it can be a good option for both parties.<\/li>\n<li><strong>Closing Date:<\/strong> Buyers can ask for a faster or extended closing window based on their own timetable. The seller can also advocate for what they need based on their move to find the right compromise.<br \/>\n<img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-21312 size-large\" src=\"https:\/\/woodriverweekly.com\/wp-content\/uploads\/2024\/08\/image002-1024x576.png\" alt=\"\" width=\"696\" height=\"392\" srcset=\"https:\/\/woodriverweekly.com\/wp-content\/uploads\/2024\/08\/image002-1024x576.png 1024w, https:\/\/woodriverweekly.com\/wp-content\/uploads\/2024\/08\/image002-300x169.png 300w, https:\/\/woodriverweekly.com\/wp-content\/uploads\/2024\/08\/image002-768x432.png 768w, https:\/\/woodriverweekly.com\/wp-content\/uploads\/2024\/08\/image002-747x420.png 747w, https:\/\/woodriverweekly.com\/wp-content\/uploads\/2024\/08\/image002-150x84.png 150w, https:\/\/woodriverweekly.com\/wp-content\/uploads\/2024\/08\/image002-696x392.png 696w, https:\/\/woodriverweekly.com\/wp-content\/uploads\/2024\/08\/image002-1068x601.png 1068w, https:\/\/woodriverweekly.com\/wp-content\/uploads\/2024\/08\/image002.png 1280w\" sizes=\"auto, (max-width: 696px) 100vw, 696px\" \/><br \/>\nOne thing is true whether you\u2019re a buyer or a seller, and that\u2019s how much\u00a0your agent\u00a0can help you throughout the process. Your agent is your go-to for any back-and-forth. They\u2019ll handle the conversations and advocate for your best interests along the way. As\u00a0Bankrate\u00a0says:<br \/>\n<em>\u201cAgents have expert negotiating skills. Without one, you must negotiate the terms of the contract on your own.\u201d<\/em><br \/>\nThey may also be able to uncover what the buyer or seller is looking for in their discussions with the other agent. And that insight can be really valuable at the negotiation table.<br \/>\nBuyers are regaining a bit of negotiation power in today\u2019s market. Buyers, knowing what levers you can pull will help you feel confident and empowered going into your purchase. Sellers, having a heads up of what they may ask for gives you the chance to think through what you\u2019ll be willing to offer.<\/li>\n<\/ul>\n<p>Want to chat more about what to expect and the options you have? Let\u2019s connect.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-20851 size-large\" src=\"https:\/\/woodriverweekly.com\/wp-content\/uploads\/2024\/05\/Anna-footer-2024-1024x241.gif\" alt=\"\" width=\"696\" height=\"164\" srcset=\"https:\/\/woodriverweekly.com\/wp-content\/uploads\/2024\/05\/Anna-footer-2024-1024x241.gif 1024w, https:\/\/woodriverweekly.com\/wp-content\/uploads\/2024\/05\/Anna-footer-2024-300x71.gif 300w, https:\/\/woodriverweekly.com\/wp-content\/uploads\/2024\/05\/Anna-footer-2024-768x181.gif 768w, https:\/\/woodriverweekly.com\/wp-content\/uploads\/2024\/05\/Anna-footer-2024-150x35.gif 150w, https:\/\/woodriverweekly.com\/wp-content\/uploads\/2024\/05\/Anna-footer-2024-696x164.gif 696w, https:\/\/woodriverweekly.com\/wp-content\/uploads\/2024\/05\/Anna-footer-2024-1068x251.gif 1068w\" sizes=\"auto, (max-width: 696px) 100vw, 696px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>BY ANNA &amp; MICHELLE If you haven\u2019t already heard,\u00a0homebuyers\u00a0are regaining some negotiating power in\u00a0today\u2019s market. And while that doesn\u2019t make this a buyer\u2019s market, it does mean buyers may be able to ask for a little more. So, sellers need to be ready for that possibility and know what they\u2019re willing to negotiate. Whether you\u2019re [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":21311,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","_pvb_checkbox_block_on_post":false,"footnotes":""},"categories":[64,82,38],"tags":[],"class_list":{"0":"post-21310","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-better-homeowners-news","8":"category-housing","9":"category-sponsored"},"_links":{"self":[{"href":"https:\/\/woodriverweekly.com\/index.php\/wp-json\/wp\/v2\/posts\/21310","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/woodriverweekly.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/woodriverweekly.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/woodriverweekly.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/woodriverweekly.com\/index.php\/wp-json\/wp\/v2\/comments?post=21310"}],"version-history":[{"count":1,"href":"https:\/\/woodriverweekly.com\/index.php\/wp-json\/wp\/v2\/posts\/21310\/revisions"}],"predecessor-version":[{"id":21313,"href":"https:\/\/woodriverweekly.com\/index.php\/wp-json\/wp\/v2\/posts\/21310\/revisions\/21313"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/woodriverweekly.com\/index.php\/wp-json\/wp\/v2\/media\/21311"}],"wp:attachment":[{"href":"https:\/\/woodriverweekly.com\/index.php\/wp-json\/wp\/v2\/media?parent=21310"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/woodriverweekly.com\/index.php\/wp-json\/wp\/v2\/categories?post=21310"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/woodriverweekly.com\/index.php\/wp-json\/wp\/v2\/tags?post=21310"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}