Skip to main content

Home/ Advantages And Disadvantages Of Affiliate Programs/ Real Estate Negotiation - Seller Motivation
Gardner Munck

Real Estate Negotiation - Seller Motivation - 0 views

BowmanVendelbo AllisonVestergaard

started by Gardner Munck on 29 May 13
  • Gardner Munck
     
    One of the most important axioms of real estate negotiation is to learn why the owner is selling. More than that though, you wish to attempt to understand the invest in us property seller's motivations for every single aspect of the procedure. Quite simply, understand not only why he wants to sell, but also why he wants to sell a specific way, why he wants the cost he's asking, what's very important to him when coming up with decisions, and more.

    Watch for personal motivators, too. Is owner more motivated by what she reads or by what she hears? Is she more determined by the offer of an easy sale, or perhaps a high price? Listen for clues.

    A vendor who regularly says, "I see" is most likely motivated and more visually oriented. You want to show the advantages to such a supplier of your offer. Do not just explain the offer, but mention in writing why it may work for you both.

    Statements like "I just do not want any problems," o-r "I just want to be finished with this" show she is more determined to prevent stress than by positive goals. In this instance, you would need to make the process as easy as you can for your owner. You might also claim that this is her opportunity to "be done" with attempting to sell.

    Early in your property negotiations, gather any information it is possible to around the seller's reasons, then decide how to utilize this information. For example, I've a pal who loves to see himself as a shrewd negotiator. Making him "win" lots of small concessions is a sure way to get what you need most. Make use of a seller's own motivators, and even their own words. If they say "I understand" a good deal, then start a record with "I think you recognize why..".

    It is even better to make use of the particular reasons involved. Push hard on every other region, should you understand that a consumer of your dwelling desires to have the ability to tell his friends what a good price he got. Get the conditions you need, have him pay all the final costs, etc. Just take the attitude that if he will give you what you want, he will get what he wants.

    A bit more sophistication is necesary all the time, needless to say. You can not only say "Oh, you want that? Then give me this". Negotiate hard in most areas, but let him "win" the concessions he needs from you, and downplay what you've won. You'll both be happier in the long run. There are various important principles involved in real-estate negotiation, nevertheless you can not make a mistake starting with an understanding of the seller's motivations.

To Top

Start a New Topic » « Back to the Advantages And Disadvantages Of Affiliate Programs group