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How to Negotiate a lower price on a property [6 Mistakes to Avoid]

📚 Join FB Group (Free Access)   / 209395390748110   🤝 Need home-buying help? Work with us: https://www.huntergalloway.com.au/get... 📈 Find out your borrowing capacity today: https://www.huntergalloway.com.au/mor... In today’s video I’m going to show you exactly how to research and negotiate before making an offer to purchase a home, step by step so keep watching. Today I’m going to walk you through 6 things you need to do before making an offer on a property, breaking down how to research and negotiate like a boss so let’s jump in. 00:40 1 - Gather intel, the things to look for 03:05 2 - The tools of the titans, apps to use 04:40 3 - Lowballing your offer 05:52 4 - Mistakes to avoid when negotiating 08:01 5 - How to negotiate like a boss 10:35 6 - Steps in making an offer For more info https://www.huntergalloway.com.au/ and https://www.huntergalloway.com.au/mor... For home loan enquiries [email protected] Find Jayden here: https://www.huntergalloway.com.au/fre...   / mortgagebrokerbrisbane   https://www.huntergalloway.com.au/mor...   / jaydenvecchio   T: 1300 088 065 E: [email protected] Mortgage Broker Brisbane - Hunter Galloway Head Office: 3 Latrobe Tce Paddington QLD 4064 PO Box 841, Paddington QLD 4064 CBD Office: Level 20, 300 Queen Street Brisbane, QLD 4000 Hunter Galloway are an Award Winning Mortgage Broker based in Brisbane. We help clients from our local area, Australia, and all over the world. We believe buying a home should be stress-free and uncomplicated, and we will work for you to make your dreams become reality. Next steps and settling your first home Our team here at Hunter Galloway is here to help you buy a home in Brisbane. Nathan & Joshua Vecchio are Senior Mortgage brokers who specialise in making your home journey easy. Unlike other mortgage brokers who are just one person operators, we have an entire team of experts to help make your home loan journey as simple as possible. If you want to get started, please get in touch and we can book a time that suits you – either a phone call information session or a face to face meeting (which doesn’t cost anything for you). https://www.huntergalloway.com.au/con... 1 - Gather intel The most important thing when looking to make an offer is to gather as much information as possible. Here are the 5 things you want to do to gather intel on the property; 1 - who owns the property. How you negotiate with an owner vs an investor of the property is vastly different. So knowing how to own the property is vital because of this. So here are the questions you’ll want to ask the agent; -who owns the property -how long have they owned the home -were they living there or is it an investment property Here are 6 big mistakes people make when negotiating. 1 Speaking, rather than listening. The movies have it wrong! The one who does all the talking isn’t the one who wins. It’s the one who asks who is the one who’s in control. It’s because in doing so you control the conversation and where it goes. 2 Being over invested in the result. In entering any negotiation, there are so many things outside your control. For one, the seller's expectations, therefore it’s extremely important to understand this and therefore keep a level of separation. Real estate agents get record prices from emotional buying decisions. 3 If you fail to prepare, then prepare to fail. It’s that simple. So before even considering to begin negotiations, have your game plan written down, and follow this. So, that if the time does come and you reach your limit, that you walk away. 4 Revealing all your cards. Too often is this the case. Remember that the real estate agent works for the seller. This is who pays him or her for their service. So be careful what you share with the agent as in the end will be used to the advantage of the seller. 5 Not creating dialogue. Whilst the agent doesn’t work for you, it’s best to keep them on side, no matter what they’ve done or said. The goal of negotiation is to create a dialogue, therefore will want to do everything to maintain this. Keep your cool, show respect and keep everything politically correct so to say. Remember that both parties have the option to walk away at a moment's notice and by understanding this can work towards mutual grounds. DISCLAIMER: This video offers no Legal, Financial and Taxation advice, and the information contained is general and does not take into account your personal situation. The Listener acknowledges, consents and agrees to the viewing of the content presented on the Channel is subject to the full Disclaimer (below) and agrees to be unconditionally bound by this Disclaimer. Full Disclaimer here – https://www.huntergalloway.com.au/you...

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