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7 Things You Should Never Do When You’re Negotiating a House Price

by LiveModern Webmaster last modified Dec 14, 2018 01:08 AM
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by Brittany Anas last modified Dec 13, 2018

When I told my mom I was about to put an offer in on my first house, she nudged me to go $5,000 lower. My real estate agent, though, was well-versed in the hot Denver real estate market and disagreed with this strategy. "You'll lose this house if you bid below the listing price," my real estate agent firmly told me. Though it would have been nice to save that $5,000, I went with my agent's advice. And I'm glad I did, because Mom, in this case, didn't know best. Thanks to my real estate agent's advice, I ended up winning the bid—I even beat out another buyer who came in over the asking price, but didn't have much of a down payment saved. Moral of the story: A trusted real estate agent knows the market best and is a good team captain to let lead the negotiating process. Here, real estate experts share the most common mistakes people make when they're bidding on homes and negotiating on the prices: READ MORE »





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