In other words, if you offered $100,000 on a property, and the seller says, “No, I want $110,000,” that response from the seller is the counteroffer.
Remember, both parties want the exact same thing: a sale.
For example, you could negotiate for any or all of the following: Price: How much are you actually going to pay for the property?
Closing costs: Who will pay for what during the closing process?
It’s all negotiable.
This is all negotiable.
Perhaps the seller is firm on the price, but you can get more repairs done on the property before closing.
Related: The 3 Things to Remember Before You Negotiate a Real Estate Deal When you’re offering on a property through the MLS, the negotiation will take place through the agents.
What items have YOU negotiated in a real estate deal?
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