Ostroff, Fair and Company
*Ostroff, Fair and Company>>>Renting & Real Estate

Can I negotiate the price of a new house?



If I want to buy a new house in Los angeles, can I negotiate the asking price ? if yes, How?

When you make an offer, you will simply offer a lower price than what the asking price is. In most areas people are sitting on homes for quite awhile before they sell them and are dropping prices all the time. However, I am not familiar with the real estate market in Los Angelas. Just about anything in life is negotiable (and especially homes) and you can't obtain a better deal if you never ask. Source(s): http://www.nomoneydown123.com/orlando/ho... (info on how to buy a home)
Take an agent with you, it won't cost you a thing. Let them do the negotiations. If you do not you won't get very far because the person you are talking with is a real estate agent under contract with the seller to get as much money out of you as possible.

An agent can also get them to throw in upgrades for free.
No
Sure you can negotiate. If you have an Agent, have them make an offer at the price you want to pay. If you do not have an agent, make the offer yourself to the seller (in writing of course). They will either accept your offer or come back with a counter offer (or reject it out right) which you can either accept or counter yourself (or reject). This goes on until you have agreed to a price and terms......

In today's market, builders are willing to negotiate just to keep their inventory moving.
Licensed real estate broker
Yes there is, there is usually about a 15% difference from the asking price where you can negotiate. Hope this helps, and no you really don't need an agent. You might need a lawyer when it's all said and done. Happy bidding!
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