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Negotiating on overpriced house
#7

Negotiating on overpriced house

Quote: (09-28-2015 03:27 PM)Guitarman Wrote:  

What I do is use the classic negotiating technique. Knock them down on the price (in person works best), then when they won't move any further, make it clear you are a serious buyer and have the funds ready to go. Then write down your best offer on a business card, hand it to them. Thank them for their time and leave.

Last time I did that within ten minutes I got a phone call accepting my best price!

I'll second this. The power of walking away leaves you in a much better negotiating position. As long as you never emotionally get involved in a sale, you know what your limits are, and employ the walkaway when needed, you'll come out on top.

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