Expert Real Estate Agent Negotiations
Smart negotiating can save you tens of thousands of dollars
Some negotiation tips from a licensed real estate agent
Knowledge about the vendor can be really important – why are they selling, have they rejected any offers and what were the terms, what kind of settlement works best for them? Consider how long the property has been on the market, and whether a price adjustment is likely to be advised by the agent soon. Sometimes, it pays to think outside the box a bit about terms other than price: higher deposit that can be released, a rent back option, any chattels that the seller would like to keep?
We are experienced at negotiating property purchases via all methods
A case study of how to negotiate via private sale
A client found a dream location to build his forever home. He asked us to analyse the site to confirm build possibilities, and if it stacked up, he wanted us to negotiate on his behalf. It had been on the market for 7 weeks asking $1.65m – $1.8m and he was willing to pay $1.78m. I knew the agent, and he confirmed what I thought – a price adjustment was being discussed. Before a new range was advertised, we offered $1.65m, and negotiated a purchase for $1.68m. Our client saved $100,000 through smart negotiating tactics, and paid us a small fraction of that.
Hear from our happy clients
“I’ve used Andrew and his team for 2 great townhouse development sites and will be
looking to use them again in future. The data driven, analytical approach is such a step-change from others I’ve dealt with in the market. I have recommended Property Analytics to various friends and colleagues and will continue to do so in the future.”
Adam Sales
“Property Analytics provided data, expertise and confidence to the decision making process at a time when decisiveness was important with a fast moving market. Having someone do the time consuming research, initial viewing and analysis made business sense for us, particularly as we are part time investors with full time jobs.”
Lee Jones
“My family and I were looking to get into property development in Melbourne in 2015.Andrew his team have helped us complete two successful projects. Andrew is honest, transparent and smart. We have put a lot of faith in him and his team – we haven’t been disappointed”
Bassel Saab
“We’ve worked closely with Andrew Stone and Property Analytics for 11 years. This
partnership has helped us understand our marketplace clearer, and enabled us to better identify our strengths and improve on our weaknesses. I have no hesitation in declaring that Property Analytics has greatly contributed to our success across all offices and markets.”
Arch Staver
“Andrew is the perfect partner when seeking a development site. He brought together impressively in-depth data analysis with simple wisdom to identify the right site for our project, and gave us great confidence that we were doing the right thing.”
Greg Shoemark
“Property Analytics found the site, completed a comprehensive feasibility study, negotiated the purchase at auction (at a great price), and assembled a professional team that completed the project from end-to-end. I’d gladly recommend Property Analytics to someone thinking about getting into property development.”
Mark Aiello
“這個團隊憑藉的是用熱情達成您的託付 並以專業服務您。他們會聽取您的所需並盡
全力達成您的需求。 強烈推薦。This team is hardworking and driven. Your goals are
valued and met. Highly recommended.”
Rosie Koh
“We’d been looking for a block to build our forever family home. The help Andrew provided in determining the site’s market value, assessing the design constraints, and negotiating the purchase (at $100k less than we were willing to pay!) proved invaluable. Quality service.”
Daniel Steffanetti
“Andrew is very approachable and responsive. We learnt heaps along the way to purchasing an investment property with his help. We’re pretty happy!”
Laura Piu
“Property Analytics knows the Melbourne real estate market very well. Andrew continually provides us information on emerging trends and important market conditions, and explains statistics in simple language that people can understand. We’ve enjoyed working with Property Analytics for years.”
Steve Abbott
“Andrew does what he says he will. He’s acted with integrity, and has demonstrated a real commitment to our long-term working relationship. We couldn’t be happier with our dealings with Property Analytics, and have no hesitation in in recommending their services.”
Matt Bourn