This information is vital for
principle number two
Be in a strong position to negotiate.
So do your Price Research then shop!
One tactic I used for my buyer clients was to see how long the house was
on the market. The longer on the market, creates price motivation for
the seller. Not listing at the proper price from the beginning creates
the seller to think he is having problems selling. If he had listed
it at the right price in the beginning he would have got offers and sold
it at a higher price however, when listing the price too high causes buyers to look
elsewhere. Now as time goes by the sellers becomes more motivated.
Look for signs the seller is motivated.
How can you tell if the seller is
motivated?
Best questions to ask any seller is
Why are you selling?
How long have you been selling if for?
This creates an opportunity for the buyer to offer a lower than market
value price and walk away with a great deal. Knowing the sellers
motivation is knowing your going to get a great deal.
The one who does the proper pricing research finds
and negotiates the best deal.
I negotiated thousands of deals thru my real estate career. There are
basic principals when shopping for the best deal. One must know how to negotiate
from strength. One principle is to do
Proper
Research.
Look for what
bikes are selling for on the current market and what the Ducati just
currently sold for in the last 3 months. This will help to determine
value.
What they sold for should tell you
what the market will bare. A basic techniques a good will Realtor
use to help determine what is the highest possible price a house will
sell for.