Buying guide

How to negotiate when buying a house

Get a better price for property

Ben Tutty
Last updated: 8 December 2024 | 5 min read
AI

AI summary

Negotiating when buying a house can save you thousands. Start by doing your homework: research the market, check comparable sales on Homes.co.nz, and understand the seller's motivation. Get prepared in advance with pre-approved finance to act quickly, putting you in a stronger position.

Make your offer more appealing by limiting conditions and being flexible on settlement. Back your offer with facts, increase in small increments if needed, and always be prepared to walk away to avoid overpaying.

Show your interest right away

Do your homework

Remember the agent’s working for the seller

Get ready in advance

Make your offer strategically

Limit your conditions

Be flexible

Think about your offer amount carefully

Back your offer up with facts

Go up in small increments

Tailor your offer to the situation

There's an art to negotiating - mastering it could save you thousands.

Get a little personal

Be willing to walk away

Author

Ben Tutty Ben Tutty
Content Writer