Article by Kimberly Dawn Neumann
Featured Expertise by Jason Gelios
Whether you’re a homebuyer or a home seller, you’ll end up a home negotiator at some point in the process.
The transactional nature of real estate exchanges means there will always be things both parties want—and even need—to bargain for to close the deal. But as a buyer, you might wonder if you can still negotiate in a seller’s market.
“Even in a highly competitive market, it is still OK to ask for things when buying a home,” says Nicole Beauchamp, a global real estate adviser and associate broker with Engels & Volkers. “Understanding what elements are negotiable is key.”
So, what are those elements? Well, almost everything is potentially negotiable in real estate. One agent we interviewed mentioned that someone even tried to get a buyer to take her horse as part of the deal. (The buyer passed.) But we’re not horsing around! Here are four of the most common things you can negotiate when buying a home.
Jason Gelios is a Husband and Father. After that, a Top Producing REALTOR®, Author of the book Think like a REALTOR®, Creator of The AskJasonGelios Real Estate Show and Expert Media Contributor to media outlets across the country.