Negotiation strategy with the agent and the seller

2018-09-30 09:17:55

Yes, then just keep going like that.... the others will buy the houses right from under your nose

I was interested in buying a house 5 times...

We were outbid 2 times until we gave up, once we were the first and immediately agreed and would have gotten the house, this strategy often works when the seller built the house themselves and is proud of it, they don’t want the highest price but someone who falls in love with their house

And once the seller had no idea what a treasure they were selling

2018-09-30 09:21:03

Your offer should always be just slightly above outrageous. In the last negotiation for a 450k euro house, I pushed the price down to 405k euro and the broker's commission from 24k euro to 12k. And that even for a house that apparently had many interested parties. Old house, shell without a floor for me, hence rejection. After my rejection, the house was sold within 3 weeks. You just go ahead and pay diligently and let them take the euros out of your pocket with the thought that everything has its price. Precisely because of people like that, it has come to the point where the outrageous broker demands 20k for an exposé, a few photos and a viewing, where he knows almost nothing about the house and you have to ask the neighbors yourself. 2000 euros would still be too high for such a brokerage service. I’m out.

...too bad, I still have popcorn left...

2018-09-30 09:31:02

that the outrageous agent demands 20k for a brochure, a few photos and a viewing where he knows almost nothing about the house and you have to ask the neighbors yourself.

Yes, some professions are absolutely outrageous, and you have already pointed out other characteristics of the agent before. It may be that he was not sufficiently informed by the owner. But divide 20000 by 6 months and subtract 1000€ fixed costs monthly. 50% of that remains with the agent, who maybe sells 2-3 properties a year. I accompany agents during the photo shoots and take pictures. And the small ones don’t sell much. Too many want to jump on this supposed money-making machine.

2018-09-30 09:35:37

Your offer should always be just above the limit of audacity.
In the last negotiation for a 450k Euro house, I pushed the price down to 405k Euro and the broker commission from 24k Euro to 12k. And that even for a house that apparently had many interested parties. Old house, shell without a floor for me, so I declined. After my rejection, the house was sold within 3 weeks.
You just go ahead and pay diligently and let the euros be taken out of your pockets with the thought that everything has its price.
Precisely because of people like that, it has come to the point where the outrageous broker demands 20k for a brochure, a few photos, and a viewing, where he knows almost nothing about the house and you have to ask the neighbors yourself. 2000 Euros would still be too high for such broker service.

I’m out.

A reaction like that of a child. Teacher, teacher, you wanted a 10-page essay, but I only have 8, but flawless and with more sentence structure. Grade 3, failed. What you want is a dream. Apparently, you don’t understand anything about the market economy. Supply and demand. The seller wants his price and is willing to wait and obviously gets it. An iPhone is not worth 1300 Euros either, and people tear the model off the shelf. Regarding brokers, yes, I don’t like the species either, but he has performed a service and wants to earn money. Or what would you say if your boss told you next month you will only get 40% and he won’t pay social benefits? Your standpoint is honorable, but with so many failed purchases, I would reconsider your sales tactic.

2018-10-02 10:59:00

To all forum trolls and know-it-alls who have never called here, especially to the author of the last post,
The contract draft from the notary is on its way.
Purchase price house + photovoltaic system 373k euros (originally 380k euros without photovoltaic, house valued by the building inspector at 380k without photovoltaic)
Broker 7800 euros (originally 19800 euros)

That was a mistake, forum trolls, to ask on the internet about haggling and negotiation strategies.
Just keep paying diligently without negotiating smartly or even knowing how to do it.
But most importantly, go out and mingle with people...

Thanks for nothing and have a nice day.

2018-10-02 11:24:14

Draft contract from the notary is on its way.
Purchase price house + photovoltaic system 373k Euro (originally 380k Euro without photovoltaic, house valued by the building surveyor at 380k without photovoltaic)
Broker 7800 Euro (originally 19800 Euro)

Now you could of course help many by telling how you negotiated and why you think it worked.

I would like to become smarter than I am, maybe others feel the same.

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Negotiation strategy with the agent and the seller

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