Home Negotiation Tactics: Contingencies, Concessions, Walking Away
Posted by Help Now on
In part one of this two-part blog series, we went over some basic concepts for negotiating during a home sale process. This is a process between buyers and sellers where all the final details of a sale are discussed and finalized, and it's highly common as you're searching for a home -- so it pays to be aware of what's normal and acceptable during the negotiation process (and what's not)
At Daybreak Living, we're happy to not only offer a wide range of new homes for sale, but also to provide our clients with expertise on various parts of their homebuying process, including potential negotiations. Today's part two of our series will go over a few additional negotiation tactics and concepts to be aware of.
Reducing Contingencies
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Is Utah's housing marketing starting to mirror that of San Francisco and the Bay Area? According to Bankrate.com, Utah has been deemed the "king of its national housing heat index". Why is Utah such a desirable place to live amidst a world wide pandemic? Utah boasts the nation's strongest pace of job growth, near rock-bottom unemployment rate, low mortgage rates, and low state and local taxes. When Covid-19 began, and working from home started to look more like a permanent solution to stopping the spread of the virus, many Bay Area residents started searching for a new place to live. The East Bay Times reported that nearly 115,000 residents moved out of the Bay Area. The situation was quite opposite for the state of Utah; people flocked here, but for…
Pictured above Left to Right: Durven Wilson, Tammy Casper, Dave Aughey, "Utah Dave" Robison, Kent Sorensen, Shalee John, Dave Marrott, Jeanette Parker