Are Real Estate Prices Negotiable?
Channel: Eric Melton
Date: 2023-04-06

Yes! You just need a good understanding of the current market and the seller’s needs and motivations.

When the real estate market is a seller’s market, for instance, homes are in high demand and will likely receive multiple offers. Lowballing an offer in this case might cause you to lose your chance at your dream home.

During the first three months of 2021, the average cost of a home in the U.S. was $403,600. If this number discourages you, learning how to negotiate is key. Tactful negotiation with a seller can help you afford a home you love instead of settling for an option under budget.
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