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Negotiating Price before exchange
Comments
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Has he? It is likely a token percentage of the original offer price. Better than nothing but we await to hear the full offer price.propertyhunter said:
You've achieved a decent reductionJa171 said:Update: Agreed to a 12.5k reduction with buyer today. I still believe I'm overpaying based on current market drop but it comes down to do we want the property or not, and a home isn't an investment right...
However, maybe its time to stick to the deal. 3x multiple on income is very modest. Its an uncertain market so you will never likely know for sure if you could negotiate another 1 or 2 % reduction. In 5 years of living in your own home that wont matter.1 -
Yup doing that. Thanks[Deleted User] said:
Has he? It is likely a token percentage of the original offer price. Better than nothing but we await to hear the full offer price.propertyhunter said:
You've achieved a decent reductionJa171 said:Update: Agreed to a 12.5k reduction with buyer today. I still believe I'm overpaying based on current market drop but it comes down to do we want the property or not, and a home isn't an investment right...
However, maybe its time to stick to the deal. 3x multiple on income is very modest. Its an uncertain market so you will never likely know for sure if you could negotiate another 1 or 2 % reduction. In 5 years of living in your own home that wont matter.1 -
Everyone over the last couple of years has paid Monopoly money for houses so at least the op has done better than most.1
![[Deleted User]](https://us-noi.v-cdn.net/6031891/uploads/defaultavatar/nFA7H6UNOO0N5.jpg)
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