Tips for HomeBuyers: Adjust your negotiating expectations., Real estate agents and managers, Operators of apartment, nonresidential buildings, Location, Informaton

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Tips for HomeBuyers: Adjust your negotiating expectations.

Tips for HomeBuyers: Adjust your negotiating expectations.

Lowball offers are off the table in this environment and could eliminate you from consideration. Respond to counteroffers quickly to keep other buyers from entering the picture; you don't want to encourage a bidding war. If one breaks out, be prepared to get fewer concessions and pay more money. And have a few other homes in mind so you can be willing to walk away if the price soars.

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