In Calgary’s competitive real estate market, negotiations can make or break a deal. In one recent transaction, we were able to help our client secure a $50K discount on their dream home. Here’s how we did it and how you can benefit from our expert negotiation tactics.
Understanding the Market Conditions
Before diving into negotiations, we took a careful look at the current market trends in Calgary. With the housing market shifting, there were signs that sellers were becoming more flexible on price, especially for homes that had been on the market for a while. We advised our client to make an offer below the asking price but still within a reasonable range.
Building a Relationship with the Seller’s Agent
In many real estate deals, how you approach the seller’s agent can play a huge role in negotiations. We made sure to establish a rapport early on, giving us a better understanding of the seller’s motivations. Was there urgency to sell? Were they open to lower offers? This insight allowed us to position our client’s offer in a way that was both respectful and attractive to the seller.
Making a Strong Yet Strategic Offer
Our client initially offered $50K below asking price, knowing that the seller had room to negotiate. We emphasized that our client was financially qualified and ready to move forward quickly. By showing our seriousness, we were able to convince the seller to reduce the price. Additionally, we included contingencies for inspections and appraisals, ensuring that the price would be fair after further evaluation.
Closing the Deal
After a few rounds of back-and-forth, we were able to secure the property for $50K off the asking price. This negotiation strategy saved our client a significant amount of money, and they walked away thrilled with their new home.
If you’re looking to negotiate your next Calgary real estate deal, trust us to help you secure the best price possible.
Posted by calgary home viewer on
Leave A Comment