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 How to negotiate a property price?, For first time house buyer

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maraippo
post Sep 2 2016, 05:08 PM

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From: Kami's Palace


dont fully trust agent

do your homework

study the surrounding and ask valuers for estimated values for the place

best way to knock price is only if the house have defect or the owner is desperate to let go of the property.

other than that, most probably very hard to nego the price.
maraippo
post Sep 2 2016, 05:44 PM

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Senior Member
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From: Kami's Palace


QUOTE(MEngineer @ Sep 2 2016, 04:46 PM)
How I see it is if I tell my budget then it can be used against my advantage when negotiating. Interesting though why property agents think that there are many people go view houses for the fun of it. It also waste my time if I am not interested to buy right.

Yeah agree I found other agents for the same property. Not end of the world but eye opener to me in property negotiation.
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not neccessarily. just offer your price and can ask the agent to offer it to owner.

unless the owner already give full decision to the agent.

Anyhow, i still suggest u check the current market price for the area just so that wont kena goreng by the agents.

some responsible agent will nego around the market value and not by owner asking price alone

 

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