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Every single situation is different, but we can draw some generalizations...
Seller Motivation and Pricing - If they just lost a deal, we might negotiate down. If they've 5 bidders, we might negotiate up and price isn't always most important.
If Price Is Not the Only Thing, What Are The Others? Maybe Seller prefers a big down payment to show financial strength (likelihood of final mortgage approval). Maybe seller needs a very soon or far-out closing date. Some care about the family they sell to and like to receive 'love letters' (ask us)- they want good people as their neighbors' future neighbors!
Can Your Agent Get The Deal Done? Seller and their agent want to work with people who can see the transaction through to closing, capable of solving problems all the way. (For a list of pitfalls your agent must often handle, click here.)
Contact Us - erici@reinventiverealestate.com, 914.413.3689
*Important qualifications regarding all information on this site: All numbers represent the experience of our agents and may not accurately reflect national averages or others' numbers. All examples are anecdotal, and should not be regarded as relevant to your own circumstances. Our firm provides the information on this website for general guidance only, and does not constitute the provision of legal advice, tax advice, accounting services, investment advice, real estate advice, or professional consulting of any kind. The information provided herein should not be used as a substitute for consultation with professional tax, accounting, legal, finance, realtor estate r other competent advisers. Before making any decision or taking any action, you should consult a professional adviser who has been provided with all pertinent facts relevant to your particular situation. All information is provided "as is," with no assurance or guarantee of completeness, accuracy, or timeliness of the information, and without warranty of any kind, express or implied, including but not limited to warranties of performance, merchantability, and fitness for a particular purpose. To review your situation, reach us at 914-413-3689.
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