6 Negotiation Strategies When Selling Your Home By Thomas Rogge

It's no secret that selling a home can be a stressful process. Between figuring out your asking price and negotiating with potential buyers, there are a lot of things to keep in mind. In this blog post, Thomas Rogge; a professional in the US Real Estate market, will discuss 5 tips for successfully negotiating when selling your home. By following these tips, you can make the process smoother and get the best deal possible for your property!

Start by Countering with your Listed Price

More often than not, when you kick off the negotiations, the buyer will make a bid that will be well below your expected price. In order to combat this, you should always start by countering with your listed price. This will show the buyer that you are serious about your asking price and aren't willing to budge on it.

When Thomas Rogge negotiates with his clients, he makes sure to stay consistent with the selling price until a middle-ground is the only option. You can only find that out once you've talked to multiple interested parties and shortlisted the best price.

Don't Get Emotional

When emotions run high, it can be difficult to make rational decisions. This is especially true during the home-selling process, when there are so many factors at play. Remember to stay calm and levelheaded throughout the negotiations; otherwise, you may end up selling your home for less than you wanted.

Everyone has problems, and everyone has a budget. And while you can sympathise with someone else's situation, there's no need to cut on your price for their satisfaction.

Use a Real Estate Agent as an Advocate

A real estate agent can be a huge help when it comes to negotiating with buyers. They have years of experience in the market and know what tactics buyers typically use in order to get a better deal. By having an agent on your side, you can be sure that you're getting the best possible offer for your home.

If you're not a better judge of people, your agent definitely will be! They have years of experience dealing with various people and can easily judge how much they'll be willing to pay and get you the best price possible.

Don't Rush into Anything

It's important to remember that the home-selling process is a marathon, not a sprint. If you feel like you're being pressured into making a decision, take a step back and reassess the situation. There's no need to make any rash decisions; after all, your home is likely one of your biggest investments.

Thomas Rogge always suggests to take a deep breath. Selling and buying a home is an extremely detailed process, and you want to do your entire due diligence before you make any huge decision. Try to create

Establish a Bidding Competition - Thomas Rogge's Favorite

If you want to get the best possible price for your home, one way to do so is by establishing a bidding competition. By doing this, you'll create a sense of urgency amongst potential buyers and drive up the offer price.

However, keep in mind that bidding is a very public process. So, if your house is down on its knees and in a very bad condition; and if someone happens to find out, that information will go public. So make sure you have everything repaired and ready to go before you take this step.

Reject the Offer

This is the nuclear option. If you're not getting the offers that you want, or if the buyer's offer doesn't meet your expectations, you can always reject it. Just keep in mind that this will likely result in the buyer walking away and may damage any future relationship you have with them. But, never be afraid to say no!

There are always other options to look at. Thomas Rogge suggests to never finalise the deal until you've went through enough options and are satisfied. Take your time in browsing through every opportunity available. It's a time-consuming process, and the more time you invest, the better price you'll get for your house.

By following these tips by Thomas Rogge, you can make the home-selling process a lot smoother and get the best deal possible for your property. Keep in mind that every situation is unique, so don't be afraid to adapt these tips to fit your specific needs.