How To Negotiate the Best Deal on Your Next Home
When you find your dream home in London you don’t want anyone else to have it, so it’s quite normal to want to jump straight in with an offer, but here at Story of home naturally we want all our clients to be happy and so that involves always negotiating the best price whether we are involved in the sale or purchase of a property. It’s always worth taking your time to negotiate the best deal – and here’s how we do it.
We know the local London property market
Simply jumping in with a random offer, because you think that’s what the house is worth, can mean that you won’t get the best deal. We research the market thoroughly and keep a close eye on property prices. We make it our business to find out what other properties in London were listed for versus the price that was eventually paid. And we note how long homes stay on the market.
We work for you!
We are always working for you and it’s in our interest to achieve the best price for your property if you’re selling and negotiate the deal you are happy with if you are buying.
We can advise you regarding your ‘buying position’
We’ve been in business a long time and can sniff out certain types of sellers who are on the lookout for buyers in strong positions, such as:
- Cash buyers
- Buyers with no chain
- Clients who are keen to buy quickly with their own property sold
- First time buyers who have their mortgage funding secured
- Buyers who are renting or have some sort of flexibility in their move
If you can show that you’re in a good position to move and can complete the process quickly, then in our experience, sellers will offer a little more flexibility. Nobody wants to be stuck in a chain or waiting for someone else’s house to sell for the sake of a few thousand pounds, so this can invariably make an offer attractive.
We are professional and friendly at all times
We know that selling your family home can be an emotional experience, and some sellers will feel highly attached to their properties. After all, you may have spent years living there there and have lots of memories. Negotiations are always easier when empathy is shown and we pride ourselves on always being willing to work with our clients to reach an agreement whatever the situation.
We will work to secure the best deal
In many cases, negotiations initially start with a firm ‘no’ to the first offer! However, this is perfectly normal. If your first offer is rejected, we will work with you on a second offer and advise you if any counteroffer is forthcoming, liaising with the seller throughout.
We understand that buying a house can be a stressful process, and sometimes when you find the right property, it’s easy to get carried away. However, it’s advisable to speak with us regarding your budget before commencing negotiations so that we can handle this for you, allowing you to get the best deal on your dream home.
Call the team at Story of Home today on 0207 867 3999 and let us negotiate the best deal on your next home.