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Investment [Q] Price Negotiation, Bandar Sri Damansara

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leongal
post Apr 21 2010, 02:44 PM

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QUOTE(engtat @ Apr 19 2010, 11:52 AM)
I have intention to purchase a house at Bandar Sri Damansara, and I was introduced by an agent, with asking price of RM 358,000.

This is also the first time I buy a property. After the review, the house is around 16 years ago, and the seller did not repaint the house when he is selling, so repaint definitely a must. The single storey house only has kitchen extension, and I am looking for more discount on top of the asking price.

My question is, is it normal to ask for 10 to 13% which is around RM 30,000 to 45,000 of discount during negotiation? How much usually the percentage we can go for on top of asking price by agent.

Thank you.
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the usual percentage is 5%; if it is more than 5% - it means that the seller has marked up the price pretty high and if he agrees, really means that he is desperate to sell it - because nobody want to buy or because the property got problem?

 

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