Negotiation Mistakes Home Buyers Should Avoid

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[MrOmar]

Simple,

Example:
Home was sold in 2019/2020/2021/2022 for $264K

Home is now selling in 2023 for $350K

You DO NOT offer anything more than $280K if you do, YOU ARE THE PROBLEM!

[snotchy]

I like how they say we are selling under list price.... But they doubled in the last year and most are coming down....

[bee_lovin]

“He who cares least wins.” It worked for me like a dream a few weeks ago 👍 (as a buyer)

[thesoccertrotter]

They bluff sometimes, if it's been on the market more than a month and they claim there are multiple offers they're bluffing

[UltimateTuner]

We offered 500 on a house that was originally 600k and the reduced to 550k. Suddenly after 3 weeks they “had another offer” and asked us to raise ours. Weird how they still took our offer

[honeyb]

I recently put an offer on a townhouse under listing price. The seller agent told my agent that they have two offers already. The offers they have are both listing price, and one of them removing the home inspection. He texted my agent to ask if I want to raise the price. I said no. Afterward, I saw the townhouse was token off the market. I highly doubt they have the other two offers. If so, Why don’t they take the offer instead of taking off the market. I feel like the seller agent is lying. Is that legal to do that? PS. The owner is the seller agent.

[Virginia]

You describe the behavioral and interpersonal aspect of the transaction so well! Great vid.

[angellver]

Totally true Javier. *fingers crossed* closing on my house next week!
Your advice totally helped us too. Saw a home that was 2-weeks on the market. Found out sellers really wanted to close before the end of the month and then decided to offer 34k under asking based on other homes in the area and where we wanted to be monthly wise too. Had no faith they would accept without any issues but they did! I totally pushed our agent as well to get that info that ultimately helped us get this house 🤗

[webbynater]

The price of a home is way more important to me than the monthly payment. I’d rather buy an underpriced home at a higher interest rate than an overpriced home at a low interest rate.

[o.benaicha]

I bought a house in March 2022, arguably the worst time to buy a house in Phoenix. Best part was that I felt like my agent was working for the other side. Basically, I had to be thankful for getting a house and just shut up.

[SableBez]

I was so clueless when buying my ap i accepted the the first price of 250k. When they saw i was looking other aps on the area, THEY offered me 10k as a discount and a 3k wooden table they had.
I loved the ap so i bought it. After that, i had to give a copy of the Contrat to the landlord. The whole block raised their prices to 260k.
I think my cluelessness ended up effecting prices in the area. Plan to live there for 10 years. Hope 260k becames a real possibility in the future

[burritogod]

In my market there are still multiple offers over asking and waiving all inspections. I don't understand why people are still doing this.

[civicsport]

Love this video. Can you make a video about buying a house WITHOUT n agent?

[BifocalOlive]

Love your videos and the perspective you provide. That said, I cannot wait to close on a house and ignore everything going on in the housing market!

[texasxo]

We offered 245k with closing costs paid on a house that was 255k. It was on the market for 4 months with a starting price of 290k. Sellers said no to 245k and paying closing fees. So we proceeded to 255k plus half of closing. It’s a pending offer right now, but I can’t help to feel like I got screwed after watching this video. What do you think? It’s our first time buying a home

[brendacontreras]

Javier, when you say a client is making your life a living heck, what exactly are you referring to? What are some examples of how a client can and should push or realtors in order to get them to go above for us (client).

[auroracruz]

How about a dual agent represntation?
I am a home buyer and saw this house in zillow and that time i do not have yet a realtor. The house was just posted and drove to the area just to check the location, parked my car and the owner saw me and let me in to check the house. They gave me the number of the listinng agent. In short got the house agreement, inspection done then the dual agent called me that the seller is backing out of selling the house. The agent told that there's nothing he can do.

I feel that he is more on the seller side. We really like the house. The posting price was 242k and offered 252...

[pjplummer]

Thankful our real estate agent was a very close friend 🎉

[lindaanderson]

That was so helpful Javier. I have bought 4 homes in my life, and thank God gotten satisfying deals. I learned from you. Some of us are not astute dealing with people, or easily manipulated.

[Erica-cukq]

@ Javier Vidana: I watch your videos but I don't comment. I love the visuals on paper. Visuals really help, I think!