a division of Cascade Financial & Co.
So you and your Realtor have found the perfect house, in the perfect neighborhood, - your dream home. You know you can afford it because you're pre-approved ... Great! Now comes the negotiation. Remember that a home purchase is a free market, arms length transaction between a willing seller and an able buyer, the price is whatever you two agree upon.
It is usually best to allow the Realtor to negotiate on your behalf. They have experience in negotiating on properties and can usually do a better job, remember, this is what they do for a living. They will work with you by pulling up all the comparable sales in that area in the past year and discussing with you the proper strategy for your offer. The average home sells for close to 95% of the asking price. Being pre-approved can help you increase that difference.
Since there are so many factors that go into each negotiation, it would be difficult to outline them all here - every sale is unique. Your Realtor should be able to answer all your real estate questions. If you don't have a Realtor because you're buying a home that is for sale by owner, or if you have any questions about these 5 easy steps to getting your dream home, give us a call at Cascade Financial & Co. and we'll be glad to help.
