BID OFFER MINUS YOUR BUYER REBATE
A buyer rebate provides for some wiggle room on what a buyer is willing to pay. If the seller counteroffers your initial bid with a higher amount, then you want to see if the buyer’s rebate is enough of a cushion for you to accept or provide your own counteroffer.
REBATE BROKERS LEVERAGE TECHNOLOGY IN NEGOTIATIONS
Using today’s real estate technology, access to real estate market information is within a few mouse clicks. Armed with the price information and a rebate broker’s help, it is possible to work out a better price during negotiations. The goal is for the seller and the seller’s broker to meet the buyer at a more reasonable price supported by market analysis during offers and counteroffers.
Technology has made the real estate market transparent. Pricing data of past sales and comparables are always available. The buyer will ultimately decide what is within their budget and an acceptable price to pay.
BUYER REBATES CUSHION DEALS
Remember to take the buyer rebate in consideration during negotiations. Even if the final price seems higher than what you would like, the buyer rebate can save the deal if it can make up the difference.
0 Comments