Negotiating For Sellers

The process of negotiating for sellers begins well before an offer is accepted, or even made. It’s a fact that every buyer wants to end up paying the least amount possible for the purchase of their home and, in slower markets; they are unquestionably in search of a bargain. It’s my job to provide my sellers with services aimed at improving the position of their home on the market by making it more competitive. I also help by assisting them when they have to counter a low offer or deal with a buyer who is resisting the fair pricing of the property. That’s why I stay constantly updated on home prices in Orange County.

A good real estate agent, like me, will use their expertise and knowledge of the local market to negotiate the best price for the seller. Here are some strategies a good real estate agent might use when negotiating on behalf of a home seller:

1. Setting a realistic asking price: A good real estate agent will work with the seller to set a realistic asking price for the home. This will involve considering factors such as the condition of the property, recent sales data, and the overall state of the local market.

2. Reviewing and countering offers: When an offer is received, a good real estate agent will review it carefully and provide feedback to the seller. They may suggest countering the offer if they believe it is too low or negotiate on behalf of the seller to try to reach an agreement that is fair for both parties.

3. Communicating effectively: A good real estate agent will keep the lines of communication open with the buyer's agent and keep the seller informed about the status of negotiations. They will also be able to effectively communicate the seller's needs and concerns to the buyer's agent.

4. Being patient and persistent: Negotiating the sale of a home can be a long and sometimes frustrating process. A good real estate agent will be patient and persistent in their efforts to reach a mutually beneficial agreement.

5. Maintaining a professional demeanor: A good real estate agent will always maintain a professional demeanor, even in difficult negotiations. This can help to build trust and foster a positive working relationship with the buyer's agent.