Buying guide

How to negotiate when buying a house

Get a better price for property

Ben Tutty
Last updated: 8 December 2024 | 5 min read
AI

AI summary

Successfully negotiating a house price requires preparation and strategy. Research the market on Homes.co.nz and get finance pre-approved to act quickly, putting you in a strong position.

Make a strategic offer by:

- Limiting conditions for a ‘clean offer’

- Backing your price with facts and comparable sales

- Increasing in small increments if needed

Always set a maximum price and be willing to walk away. Sharing your personal story can also help your offer stand out.

Show your interest right away

Do your homework

Remember the agent’s working for the seller

Get ready in advance

Make your offer strategically

Limit your conditions

Be flexible

Think about your offer amount carefully

Back your offer up with facts

Go up in small increments

Tailor your offer to the situation

There's an art to negotiating - mastering it could save you thousands.

Get a little personal

Be willing to walk away

Author

Ben Tutty Ben Tutty
Content Writer