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Expert Advice: Negotiations

Tags: vendor buyer deal

We have a fiduciary duty to work for our vendors’ best interests – this means working our butts off to get them the price they want (or exceed it), along with the terms most favourable to them (such as a set settlement date, leaving certain items behind etc). During the sale of a property sometimes unwelcome surprises can occur, such as a Buyer finding damage (this is why we recommend obtaining a Vendor building inspection), not one buyer sees the price where the vendor wants it (this is where price feedback is provided in reports back to the vendor) – and many other challenges along the way (eg buyers don’t like the colours, repairs are required, buyers want a fence up / removed….)

We’re working for the deal. This means trying to get the best price for the vendors, AND taking into account both vendor and buyers’ interests. What is a deal breaker for each party? What are they flexible on? If the vendor leaves the fridge and pool table, would they now pay what the vendor is asking? Would a quick settlement make a difference? A cash offer?

NOT receiving the best possible advise when selling your home could cost you tens of thousands of dollars – contact us today to make sure you start the process in the right way – (04) 212-5522, (021) 411-117, [email protected]



This post first appeared on The Blog For Stu Dunn | SDL Helps Our Clients To U, please read the originial post: here

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Expert Advice: Negotiations

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