
Asheville Real Estate: 10 Steps
to Selling Your House:
Step 6 Negotiating to Sell
Most
offers to purchase your house will require some level of negotiating
to come to a win-win agreement. It is critical that you be well versed
on the legalities of the real estate contract used in your area.
And of course, I can be of immense help in this arena, having done
it so many times before from both sides of the table.
In
addition to legal issues, you will need to understand contract basics,
including what each contract clause means to you and your buyer, what
you will net from the sale of your home, and what areas in the
contract lend themselves easiest to negotiation. Some of the things
that you may have to negotiate on are:
- The price
- Financing
- Closing costs
- Repairs that
need to be done
- Appliances
and fixtures
- Landscaping
- Painting
- Occupancy
time frame
To really gain
some insight into why potential buyers are pursuing the purchase of
your house and how they might proceed in the negotiations, it is
important to know as much about the buyer as possible, especially
their motivation for buying. Once both parties have reached a point
where the deal is acceptable, you must be certain that you have a
legally executable contract.
Very seldom will an
initial contract, proposed by the buyers, be fully acceptable. There
is almost always something that Buyers will propose or want that you
may not approve of immediately, or ever. The purpose of negotiation
is to establish a contract that is acceptable to both parties. If it
isn't, there will most certainly be problems later. The following is
a list of things to keep in mind while we "horse-trade" back and
forth with the buyers:
- Never
accept ANY proposal immediately, no matter how good it may
sound!
- Never negotiate with yourself. You'll
furnish the other side with ammunition they might never have
gotten by themselves. Don't raise a bid or lower an offer
without first getting a response.
- We never cut a deal with someone who has
to "go back and get the boss's approval." That gives the other
side two bites of the apple to your one.
- If you can't say yes, it's no. Just
because a deal can be done, doesn't mean it should be done. No
one ever went broke saying "no" too often.
- Just because it may look non-negotiable,
doesn't mean it is.
- We will do our homework before we deal.
Learn as much as you can about the other side. Instincts are no
match for information or preparation.
- Beware the late dealer. Feigning
indifference or casually disregarding timetables is often just a
negotiator's way of trying to make you believe he/she doesn't
care if you make the deal or not.
- A deal can always be made when both
parties see their own benefit in making it.
- Don't discuss your business where it can
be overheard by others.
- No one is going to show you all their
cards, nor the one that means the most to them immediately. You
generally have to figure out what they really want. Clue: Since
the given reason is often not the real reason, you can usually
eliminate the given reason.
- Always let the other side talk first.
Their first counter offer could surprise you and be better than
you ever expected.
I can save you
time and money by representing you through the offer, negotiation, and
acceptance process. I will review the written offer with you to make
sure that you thoroughly understand what the buyers are offering and
what they are asking in return. I will be able to help you understand
the issues and how they will effect you. It is your my primary
responsibility to protect your best interest throughout these
negotiations. |
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Remember: Buying and selling a luxury home or finding that special piece of Asheville Real
Estate with Kathleen Blanchette,
a fully licensed Keller-Williams Asheville Real Estate Broker and Realtor, is a comprehensive and thoroughly professional
experience in buying and selling Asheville Real Estate throughout the Blueridge
and Smokey Mountains, where efficiency, personal regard and concierge services are
guaranteed every step of the way. Keeping the Tradition of Integrity...,
and a Reputation for Results!
Whether its a North Carolina luxury homes on your own Private Mountain Estate
in one of our uniquely designed plush Golfing Communities, Exclusive Gated Communities,
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Loft or Townhome, all of Greater Asheville and Hendersonville Luxury Homes are within reach with Kathleen Blanchette. Feel Free to browse the entire website of all available Greater Asheville Real Estate
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