How to Negotiate When Selling Your House in Phoenix

1. How to Negotiate When Selling Your House in Phoenix When you’re aiming to sell a house fast in Phoenix, there are three key players involved: seller, buyer and real estate agent. When the transaction is complete the buyer receives a new property the seller gets paid with the proceeds and the agent gets his commission for getting something done to bind up the property and it gets sold. Hence, having a good idea to sell your house at the highest price possible is always a good thing no matter what! When selling your home there are many strategies to help you get top dollar and good sale terms in your pocket. Before an offer, here’s what to look out for. 1. Be Firm on Your Price List So as the seller, if a buyer offers you less than what you are asking, don’t feel pressured to accept. A lot of buyers actually want to see some negotiation, meaning that their opening bid is more than they’re otherwise willing to pay. Never lower your price with the first ask. Come back with your asking price. You are demonstrating that you are confident about the value of your house, so a good foundation for you to return what you deserve. Some buyers will walk away from this, but the people who truly want your home may come back with a better offer. Keep in mind this strategy risks losing potential buyers who aren’t willing to negotiate. 2. Put a Time Stamp on Counter Offers Tack on a deadline to your counteroffer to push buyers to decide sooner so they can either do or not close with you. Make sure it is a reasonable period of time to not scare them off further. By setting a short expiration, you avoid unnecessarily keeping your home off the market during negotiations, which can impact its perceived value 3. Offer to Pay Their Closing Costs If the buyer asks you to pay closing costs, of which often average 3% in most transactions, you can agree on that provided the price comes out higher. That would leave you able to settle at that requested amount, send the buyer off to take out a slightly bigger mortgage and still come out okay at the table. 4. Decline the Offer With No Counteroffer You should turn down an offer by a buyer without raising a counteroffer. On one level, this is a declaration of confidence in the price for your house and should attract aggressive buyers who will step up with a higher offer. On newly listed homes and at open houses, this should serve

2. sellers well as it should motivate willing buyers to make an offer on the property as soon as possible. 5. Cause a Bidding War Open house can bring in competition among the buyers. List your property and schedule an open house a couple of days later and then keep notifying all the interested buyers that the offers will not be reviewed until after the open house. It could push the buyer to act fast for making the best offer if he knows some other buyer is also eyeing the same. Bottom Line: These are negotiation strategies that help one in getting the best price for his home. Remember, though, that your local market conditions and property specifics will influence what constitutes the best approach. Want to avoid all the customary headaches of selling your house, like commissions, repairs, and that pesky open house? Forget all that noise when you sell directly to cash home buyers in Phoenix - like Diamond Equity Investments - with a guaranteed fair cash offer in less than 24 hours. Sell your house quickly: as fast as seven days, without paying agents' fees or commissions, or any other hidden charges. Author Bio: The author is a leading cash home buyer across Atlanta, Philadelphia, and Chicago, operating as one of the largest direct home-buying firms in the U.S. Their mission is to help homeowners sell a house fast in Phoenix for cash without any hassles. They specialize in purchasing homes, condos, and apartment complexes. Visit our website: https://diamondequity.com/ for more details.