negotiations take a special skill and well versed of understanding the psychology of offering and counter-offering. I am a realtor that goes even higher in my education, this is why I have a GRI Graduate Realtor Institute and and Accredited Buyer Representative designation which help's me to help you. These designations give's me the skillset to understand negotiation in many different scenarios working directly every stage of the transaction until you sell your home or get your keys. Agents keep the transaction dispassionate and rational. For example, a buyer (you) might like a home but despise its wood- paneled walls, shag carpet, and lurid orange kitchen. When you work with an agent, you can express your opinions on the current owner’s decorating skills and complain about how much it will cost to upgrade the home without insulting the owner. Your agent will translate that to the seller — that you very much like the property but can see having to spend a certain amount in decorating costs, and thus can offer that much less.
CONTRACTUALLY SPEAKING…
There are many contracts and documents involved in purchasing a house. The stack is more than an inch thick.
Unless you’re a real estate lawyer or title agent, these documents will be foreign to you and I keep up with the local real estate laws and forms used. Yet, they require detailed and accurate completions. Buying a property is not necessarily a “fill-in-the- blanks” transaction. One mistake, let’s say in title work, could haunt the buyer well down the line after purchase and can truly regret it. This very situation happened and caused undue stress. A property that sat on a double lot was put on the market. The neighbor bought it to carve off a bit of the second lot to expand his own yard.
The seller then put the home back on the market, and it sold.
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