Do you find yourself feeling like a deer in the headlights when it comes to negotiating online? Whether you are buying or selling, there is always room for negotiation. The key is knowing how to play your cards right and handle the offer so that you can get the best price possible without being viewed as pushy. If this sounds like something that interests you, keep reading!

We have put together five tips on how to negotiate online successfully: 1) understand what it is about your property that makes it valuable; 2) know your bottom dollar; 3) be willing to walk away if necessary; 4) don't give up too soon; 5) be realistic with pricing.

Follow these guidelines for future success.

• Understand what it is about your property that makes it valuable. Study everything about comps, the neighborhood, local laws – anything you can get your hands on that credits the value of the home. The more knowledge you have, the more bargaining power you have. This is where using neighborhood data like ours is really advantageous. You can pull direct information about households.

• Know your bottom dollar. Everyone is out there to make money. And some deals just aren’t deals if the numbers don’t work. There’s a big difference to being committed to profit and just going after any deal. Not all properties are worth you pursuing.

• Be willing to walk away. Like the bullet point above, not all properties make sense for your business. Also, there’s the psychological advantage of walking away. It’s not uncommon for someone to suddenly drop the price of the deal if the other person walks away. It’s just part of the game.

• Don't give up too soon; real estate agents tend to be more persistent and will stay in the negotiation until you get a response or they find another buyer.

• Be realistic with pricing. Verification of value in the neighborhood is so important. That’s why at Perfect Skip, we say a great negotiation always begin with great data. Many people find using our data helpful because we can pull information from any neighborhood in the country. That makes virtual negotiation more convenient.

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You’ve read the five tips we have put together on how to negotiate online successfully. If you feel that this is something worth exploring, book a consultation with our team of experts today! We are here for your every need and know just what it takes to get the best price possible without being pushy or aggressive.

What questions do you still have about these negotiation principles? Book your consultation with us today!