Monday, February 9, 2009

Real Estate Negotiation - Time Power

The real estate negotiations are something which can really be one of the best times to change the real estate prizes. But I must tell you that there are some points which you should really take into consideration if you really want to negotiate well. For example you should really void giving deadline to the buyer because this can really be fatal for you. I must say that you will definitely find the real estate negotiation to be one of the most important things in any kind of deal.

I do feel that you must have some points in your mind and you will definitely want the answer those questions. I would love to put forward some of the factors which you will definitely have to avoid during the negotiation. I must say that you will definitely find lots of reasons for not giving the deadline to the buyer.

For example, if you have to sell the house within 2 months, then you should definitely not say that real estate buyers about this fact. If you dare say this then I must tell you that you will have to sell it at reduced price.

I will recite a story for you. Once there was Uncle Joe. He had one of his friends Agatha. Agatha was a real estate agent. Uncle Joe wanted to sell his house and that's why he told Agatha about this.

Agatha agreed and he started searching for some of the potential buyers. He thus prepared a list of the potential buyers. Uncle Joe asked Agatha to let him meet one of the buyers. Agatha agreed and because of the faith he had in Uncle Joe he sent one buyer to meet the Uncle Joe.

The meeting was really nice. But Uncle Joe did one blunder. He told the buyer that he is in a hurry and he will have to sell the property within two weeks. The buyer too agreed. But the other time when the buyer met Agatha, he was shell shocked by the behavior of the buyer. The buyer told Agatha that he does want to buy the property but at reduced rates. He understood that Uncle Joe had did some blunder. He went to Uncle Joe and asked him what happened during the meting. Agatha was really surprised when he came to know that Uncle Joe told him that he wanted to sell the property within two months. Agatha told him that does not give any deadline to any buyer in future.

Thus they were able to sell at last the property at right amount. I do feel that you must have understood up till now that you should not give any deadline to any buyer.

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