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Property Price Negotiation - Can you handle it ?
NEGOTIATE:
The Oxford Concise Dictionary describes it as "confer with another with a view to compromise or reach agreement.
Negotiation is the art of the getting the best deal for buyer or seller.
The typical buyer is not skilled at the art, yet most times pit themselves against a highly trained Agent whose sole purpose is to obtain the best possible deal for the Vendor[oh! and the optimum commission for themselves].
Week in week out this happens all over Melbourne and for that matter around the world.
Unrepresented buyers are at the mercy of the skilled operative who has the upper hand at the outset because of emotion. Almost all buyers of property make emotion charged decisions which often lead to heartbreak and disappointment. Of course emotion charged decisions can bring joy and happiness. Why though, would you risk it?
Negotiation is not just buying at the right price. Regularly the focus of a negotiation is price. But what about the terms of settlement? Do they suit your financier,are you buying before you sell and so on. There is a lot in negotiation.
Engage the service of buyers agents to help you negotiate that property deal, I may save you thousands.
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