Greenville, SC Home Buyer's Blog

Negotiating requires Patience!
March 16th, 2009 7:23 AM
I received the phone call I had been waiting on Friday. We had made an offer, the seller made a counter offer, we made a counter offer, and the Seller made another counter offer. We said no thank you, but I left the door open for the Seller to call if they changed their mind. We were only about $5,000 apart on a large transaction, but my Right Price Analysis and the current market conditions allowed us to be patient. My Client was anxious and ready to accept the Sellers last number. Each day I called the Client to update them and discuss our negotiating strategy. When the listing agent called on the fifth day to agree to our last offer, I was gracious and professional, but they should have accepted it earlier. Patience can be your friend in the right circumstances, but it can also cost you the right house if you don't know the market! Keith

Posted by Keith Clark on March 16th, 2009 7:23 AMPost a Comment (0)

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