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

To negotiate a better house price, start with thorough research on the market and comparable sales on Homes.co.nz. Get finance pre-approval so you can act quickly.

Make a strategic first offer, aiming for a 'clean offer' with fewer conditions to appeal to sellers. If you receive a counter-offer, increase your price in small increments. Remember the agent works for the seller, so set your maximum price and be prepared to walk away if the deal isn't right.

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