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

Negotiating when buying a house can save you thousands. Preparation is crucial: research the market on sites like Homes.co.nz, get finance pre-approved, and understand the seller's motivations.

Make your offer strategic by limiting conditions and being flexible on terms like settlement dates. Back up your offer with facts and increase it in small increments if needed. Remember the agent works for the seller. Most importantly, set your maximum price and be willing to walk away.

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