12 Negotiation Tips When Buying a House THAT WORK!

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Published 2018-05-01
In today's home buying tips episode you'll learn 12 negotiation tips when buying a house that work!

🎬 About:
When buying a house, it's first important to identify the current type of real estate market your in. For example, a seller's market, buyer's market, or a balanced market.

The buying a house negotiation tactics in this episode will serve you very well in any market. The use of the real estate negotiation strategies in this video may be slightly different in approach depending on the market conditions, at the same time, they will prove invaluable to your success!

Here's a timeline of the how to negotiate real estate tips in this video. Please watch the full video first, then go back to your favorite parts.

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📒 Show Notes 📒
1:25 - Get Your Financial House in Order First!
4:11 - Don't Get Hung Up on Small Price Differences!
5:10 - Offer the Home's Value NOT Necessarily the List Price!
8:16 - Be Ready to Move Quickly!
10:13 - Don't Assume That Inspections Reopen Price Negotiations!
12:10 - The Answer to an Unasked Question is Always NO! So, Ask!
13:09 - Find Out Whey The Seller is Moving... If Possible!
15:34 - Google Everything!
16:43 - Expect to Compromise!
17:59 - Look Past the Decor!
18:59 - Terms Can be MORE Important Than the Offer Price!
21:35 - Write a Personal Letter to the Seller!

➜➜➜ Get in Touch with Me Here ➜➜➜
Andrew Finney Trusted Real Estate Advisor/ USMC Veteran S.0173260
www.andrewfinneyteam.com
King Realty Group 6955 N. Durango Drive
Suite 1004
Las Vegas, NV 89149

Disclaimers/ Credits:
At the time of production, Andrew Finney, S.0173260, is a real estate salesperson with BHHS, NV Properties in Las Vegas, NV. Andrew's videos are his own and do not necessarily represent the views and/ or opinions of BHHS, NV Properties. The purpose of Andrew's videos is to educate you and help you make sense of the real estate process. I am not a CPA, attorney, insurance, contractor, lender, or financial advisor. If you have questions about home loans, real estate, taxes, financial advice, real estate law, insurance, professional trades, or any other services, you are advised to reach out to the appropriate professional for further counsel about your own unique situation. The content in these videos shall not be construed as tax, legal, insurance, construction, engineering, health & safety, electrical, financial advice, or any other and may be outdated or inaccurate; it is your responsibility to verify all information for yourself. We have taken reasonable steps to check that the information in this video is accurate but we cannot represent that is free from error. Linked items may create a financial benefit for Andrew Finney Team. Any use of other media is by fair-use or license only.

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All Comments (21)
  • @yume816
    All your tips are excellent! Your communication and knowledge is very appreciated. Thank you for making this video. I am first time buyer looking into the Atlanta - Gwinnett area. Do you have a realtor recommendation? Thanks!
  • Still watching today, 4 years later. Your content is just as relevant after the pandemic. Especially, sellers vs buyers market. Keep up the great content. God Bless you for being so giving of your experience and fund of knowledge.
  • @davidsnoeberger
    I had a friend who wrote a cover letter about them being a young homeschooling family who were trying to make ends meet with a husband working 2 jobs and the sellers actually took $5k off their offer. What's more, this was in a major sellers market and they had bids way higher than that family. You're 100% right that this works!
  • Helpful negotiating tips! the first I have been advised to write a personal letter to the seller. Thank you for the tips.
  • @YSLRD
    I was basically familiar with the first 11 points, though I appreciated the details. The cover letter was news to me. I had no idea.
  • @dgravelyj6705
    I have always been told the deal is hidden in the details. Very informative video
  • @mrsm482
    Thank you, Andrew. Very helpful. All the best to you.
  • @sharone8542
    Thank you Andrew! Ever since I discovered your channel I feel like I learn something new after watching each video. I am currently looking for my first house in a seller's market and it is rough. This video made me feel much better since we lost out on a couple of homes due to bidding wars. I will definitely take your advice and write a personal letter on the next house and I'm also practicing law of attraction with all of my goals on a vision board. Thank you again for the tips and making me feel better.
  • Thanks for the helpful info! As a buyer, it's always good to put yourself in the seller's shoes and not be always greedy, in terms of contingencies. Everyone wants to be on the winning end of a deal.
  • @seaflower1520
    I appreciate you putting a time line in the comment section it also a great outline of the video and a summary as well. Also it helps me remember what section I got most our of. Now to answer your question at the end. I liked the last two sections- the terms can be more important than the amount your willing to buy and the price seller wants to get, and I liked the cover letter on why you want to buy the property to help sway the seller you would be the one to sell too. Thank you for the video. Keep them coming.
  • @soulschool3068
    Amazing advice learning that terms can be more important than price
  • you know you got a lot of good points in these videos. I am planning to buy a house for the first time and the only one i know of is my mom, so it's best to get enough information as i can. The more i listen and learn from these videos the more i realize its not just a pick and choose type of environment its more of a self consciousness; in short seeing whats good for you and others and being considerate. There is more interaction between you and the seller than just the agent which is a good thing i believe in the long run; yeah great video and keep up the good work.
  • @BisdakSaiyan
    Hi Andy -- thank you for the 12 negotiation tips. This is very helpful for me as my wife and I are committing to purchase our first house/property.
  • @DraGnFly007
    FANTASTIC video! Thank you! I learned so much!
  • @laurelb4193
    Your videos teach me so much important info and I feel much more ready to deal w looking for a house now! Thank you so much! 🤩
  • @loganholley1222
    Oregon outlawed the love letters now. We were really banking on being able to sweet talk. But these are excellent tips! Thank you
  • Question: If you are the seller, and you set the listing price at 500,000. But you tell your agent that you would be willing to drop to 480,000 if necessary. Is your agent bound not to tell perspective buyers or is your agent allowed to tell perspective buyers your selling strategies ( price, etc.) that you disclosed to your agent. Thank you.
  • In the process of purchasing our first home and these tips are so helpful. Thank you