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9 Things Not to Say in Your Real Estate Listing

Bob Vila Logo By Glenda Taylor of Bob Vila | Slide 1 of 10: Some sellers don’t like haggling, so they publish their bottom-dollar price and then plan on refusing to budge. While that might work in a super-hot housing market, stating that you won’t negotiate on your asking price will deter many potential buyers from bothering to look at your house. In a typical real estate deal, after the initial offer and subsequent counteroffers, the final agreed-upon sales price is often 5 to 6 percent below the original asking price. To increase the odds that you will end up at the price you want, have your house professionally appraised, and then set your asking price slightly higher to give some room for negotiation.
Related: 8 Times to Accept a Lowball Offer

Your Asking Price Is Firm

Some sellers don’t like haggling, so they publish their bottom-dollar price and then plan on refusing to budge. While that might work in a super-hot housing market, stating that you won’t negotiate on your asking price will deter many potential buyers from bothering to look at your house. In a typical real estate deal, after the initial offer and subsequent counteroffers, the final agreed-upon sales price is often 5 to 6 percent below the original asking price. To increase the odds that you will end up at the price you want, have your house professionally appraised, and then set your asking price slightly higher to give some room for negotiation.

Related: 8 Times to Accept a Lowball Offer

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