Negotiating the right price

2 min.

This article was published on January 25, 2020 and may contain outdated information.
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Determining the value of a property is one thing. The price in a negotiation with the potential buyer is quite another. is quite another. Is it better to state a price that is too high price to have a good basis for negotiation or should you rather should you start small and hope that the prospective buyers outbid each other? outbid each other?

Before you start the price negotiations, it is important that you know exactly how much your property is worth. You should have the value you should have the value estimated by an expert so that you can be able to defend it confidently in negotiations. However, you should not use this value as a basis for negotiation, but rather think about a suitable pricing strategy. instead. Owners often make the mistake of setting the price too high too high in order to have more room for negotiation. This tactic This tactic is problematic, however, as a price that is too high makes the offer and deters potential buyers. Demand is currently very high on the real estate market is very high. It is therefore much more advisable to choose a sales value that is below the real value and attract various prospective buyers to bid. Alternatively, you can you can also opt for the moderate price strategy. This is only just above the real value and is therefore perceived as fair. This strategy leads to a short negotiation period and a sales price that both parties are satisfied with in the end.

As in any negotiation, it is also important in negotiations for the price, it is important to appear confident. Customers often the defects in your property and hope to achieve a lower price as a result. to achieve a reduction in the price. You should therefore possible weaknesses and deal with them openly from the outset. This will make it clear that you have already taken these defects into have already taken them into account. For someone who has little negotiating experience and is not particularly familiar with the real estate market, market, it can sometimes be difficult to always put forward the right arguments arguments and not get flustered by persistent questions from prospective by the persistent questions of prospective buyers.

It therefore usually makes sense to leave the price negotiations to a professional professional marketer who knows exactly how to deal with buyers and is buyers and is well informed about the market. In addition thorough preparation for the negotiation meeting is also negotiation meeting, for which most sellers have little time in their everyday have little time for.

You are still unsure what the best negotiating negotiation strategy for your property and would prefer to hire a professional? Contact us now with no obligation. We will will be happy to advise you.

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