When selling your home, getting the best deal from prospective buyers is paramount, including the home’s pricing strategy, and a buyer’s agent. After all, you want to get reasonable price out of this transaction as possible, which means having a negotiation strategy in place. Below are 3 tips for doing just that. Ensure you have done your homework about current local market inside out. This sets the conditions to negotiating effectively with prospective buyers. Knowing what other similar recently sold properties and their fair market value will give you an edge during negotiations. You should also research the buyer’s financial situation before making any offers or counter-offers; if they need more cash, there may be less flexibility regarding haggling over price. Hire a real estate attorney who can provide advice regarding contract language and help protect your interests throughout negotiations. A very good lawyer on your side won’t necessarily guarantee that you’ll increase the home’s sale price, but it will certainly put you in a better position to sell your house. Especially when dealing with a buyer’s agent, it will help with all the paperwork. Furthermore, they can advise you on handling specific situations if deals fall through or things become contentious between yourself and potential buyers. Be prepared to walk away if necessary — even if it means sacrificing some money. This might sound counterintuitive initially, but sometimes walking away from a bad deal is the best way to ensure that you get the most value out of your home sale in the long run. Remember: never let emotion drive your decision-making when negotiating with prospects – always focus on getting the best deal for yourself!