EP29 - Selling Season (Part 4): Nine Things You Need To Know About Negotiation

Mastering Property Negotiation: 9 Essential Tips for BuyersIn part four of our spring selling season series, we delve into the art of negotiation with nine key strategies for buying a property. Learn how to read an agent's energy, leverage conditions, use silence to your advantage, and understand the best timing for placing an offer. Discover the importance of odd numbers in bids, the power of a heartfelt letter, and how to utilise pest and building inspections for negotiation. Finally, uncover the benefits of gaining access prior to settlement and the best ways to communicate with agents. Your ultimate guide to property negotiation starts here!Connect with us⁠Imtiyaz Rather⁠ - Principal Mortgage Broker 🤓 -⁠⁠⁠⁠ ⁠Hack Mortgages⁠⁠⁠⁠⁠⁠⁠⁠Skye Taylor⁠ - Director 💅 - ⁠⁠⁠⁠⁠Taylored Property Management⁠⁠⁠⁠⁠⁠⁠⁠Peter Theodorou⁠ - Buyers Agent 🕺 - ⁠⁠⁠⁠⁠Mindset Property⁠⁠00:00 Introduction to Spring Selling Season Series00:19 Reading the Agent's Energy03:33 Understanding Conditions in Offers09:18 The Power of Silence in Negotiation11:43 Timing Your Offer Submission13:03 Calling the Agent for Insights16:44 Negotiating with Different Agents19:45 The Importance of Transparency in Real Estate20:14 The Power of Odd Numbers in Offers24:08 Endearing Yourself to the Vendor27:06 Negotiating Building and Pest Inspections34:02 Access Prior to Settlement36:25 Key Takeaways and Final Thoughts