Buying guide
How much below asking price should you offer on a house in NZ?
Thinking of lowballing a house offer? Experts share how much less you can offer and when it works.
AI summary
Thinking of making a low offer on a house? Experts advise caution. While the market has softened, an extremely low or "cheeky" offer can backfire by alienating the seller and ending negotiations before they start.
Your offer should be a "conversation opener". Aim for a realistic bid, as sellers expect offers close to their asking price. Understanding the seller's motivation is also key to a successful negotiation. A well-researched, sensible offer is your best strategy.
Aim for a “conversation opener,” not a “conversation killer”
53 Brougham Street, Mount Victoria, Wellington
How much less should you offer on a house?
30 Arama Avenue, Titirangi, Waitakere City, Auckland
Understand the seller’s motivation
6A Colenso Place, Mission Bay, Auckland City, Auckland
Is it OK to lowball a house offer?
Should you wait for prices to fall further?
Final say
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