Tips On Negotiating Offers For Boston MA Properties

Each property transaction involves many negotiations. It can be complex and emotional as every party wants to feel that the result favors them, or is at the very least a fair compromise. This blog provides tips on negotiating offers for Boston MA properties.

What You Should Consider Before Negotiating

Market Factors

Whether it is a buyers market or sellers market will impact your negotiating strength. In a buyer’s market, home buyers have an advantage because of the abundance of options. Sellers may need to be more flexible in order to keep a potential buyer. In a seller’s market, buyers need to submit their best possible offer in order to successfully compete for a desirable residence.


A number of things can determine negotiating position. For instance, personal situations such as divorce could divulge your motivation and give the other person an advantage. It is important to keep this information from becoming public. The existence of multiple offers can also influence who has leverage. Understand your position prior to finalizing a negotiation strategy, since you may have no chance to change your position later.

Focus on the Specifics

Negotiations involve more than price. Evaluate all the elements of an offer such as the deadlines, contingencies, escrow, requested repairs, and financing details. All of these individually and cohesively play a role in the likelihood of agreement. Get assistance from your agent on whether what you are asking is fair or may cause a negative reaction from the other party. Staying firm on certain issues may hurt more than help.

Professional Expertise

Real estate agents can increase successful negotiations using their expertise and suggestion of options. Deals can succeed or fail based on the terms and on the emotions of all parties involved. Real estate agents can act as a cushion between parties and ensure a professional and civil negotiation process.

Tips On Negotiating Offers For Boston MA Properties

The fundamentals to successful negotiations involves understanding the real estate market, recognizing your bargaining power, considering the terms of the contract and their impact, and obtaining assistance from a knowledgeable real estate professional. It may be impossible to get everything you want. The goal is to have a compromise that all parties can accept and for everyone to feel they were treated fairly. Hopefully the above tips on negotiating offers for Boston MA properties will make your future negotiations make more sense.

About Scott Beard

Finding the right Realtor can be the difference between a happy, stress-free home buying or selling experience, and an unhappy, stressful experience. That’s why choosing the right Agent to begin with is key. I have helped hundreds upon hundreds of clients during my career and sold over $55 million in properties and look forward to putting my experience to work for you.
Contact me at any time. I look forward to hearing from you.

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