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Updated almost 2 years ago, 01/20/2023

User Stats

44
Posts
19
Votes
Christin Nguyen
  • New to Real Estate
19
Votes |
44
Posts

How to Put In An Offer

Christin Nguyen
  • New to Real Estate
Posted

Hey everyone,

So I'm now in a position where I have a conventional loan, property I want, and decided I want to put an offer in.

I am not using a realtor so I will be doing all the negotiations myself which can be intimidating for a first time buyer! What are the best approaches to this? What works and what doesn't?

The seller is asking 190k and I'll still need  to do renovations to make it livable so about 20k added for that. I ran comps in the market we are in and some places are charging similar to what he’s asking, but these places are already rentable. similar to what he’s asking, but these places are already rentable. How do I go about doing a negotiation without insulting him but also getting a good deal for myself?


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