New house price negotiating

Lowey24

Looking at making an offer on a new wainhomes house, we are going to get a part excg valuation too. I've been warned to expect about ten percent less than market valuation.

Can you negotiate this with them?
What should my starting offer be based on there 215k price?
Any advise on other deals or forum members experience bartering with wainhomes?

schrodinga

I'm in a similar position. EA were out yesterday to value home for PX.

I'm expecting slightly below market value for the part exchange, however regardless of how this comes back I'm looking for a 10% reduction on the new builds list price. It's a bit of a cheeky offer, but you gotta start sonewhere.

I think much of the negociating is down to positioning, i.e. where they are on the build, how many houses they have sold to date, how quick you can exchange.

Mr_Moo_2

No direct experience with this group. They will have a price figure at which they make no profit on an individual house so they usually stick at this level, unless there are other issues at play - like they're selling the last few places off. You usually get more traction with add-on's - better quality fittings etc as that's a low cost option for them to add to a house. No harm in starting at cheeky level though, they can only say no.....