A tip for negotiating on new construction and getting the best deal.
January 28, 2009 by Peter Baumbach
Filed under Quick

Q: Can you negotiate price on new construction homes?
A: Yes you can, but you are fighting an uphill battle. One thing I suggest when negotiating new construction, is to ask for free upgrades. In a development, the builder has constraints other sellers don’t. Price is very important to maintain so existing owners don’t feel like they bought at the wrong time. A common strategy is to hold the best lots for last. The other strategy is to include more upgrades. So ask for the upgrades, and you are speaking the builders language. Ask for price reductions, and the builder has more than this deal to consider.
Photo credit, Bart Everson




Comments
Tell us what you're thinking...
and oh, if you want a pic to show with your comment, go get a gravatar!