Are real estate prices negotiable in Orange County?

by Leo Chen

 

Are real estate prices negotiable in Orange County?

Unlike so many things in purchasing things, buying a home is generally negotiable. Although the amount that you can negotiation  can vary depending on many factors. Want to know what can influence it? Keep reading...

More and more price variations differs from neighborhood to neighborhood. Variations include, school district, proximity to high traffic areas, amenities in the area. Many of the things that influence personal lifestyle. 

The condition of the property is a huge factor. Two identical model homes on the same street may have a wide difference  in price. Such as interior updates to the latest trends. Other updates, such landscaping hardscaping and curb appeal make a big impact as well.  

Next, the level of competition. Most buyers don't want to go through the hassle of renovating. Making turnkey homes high demand, which drive prices up. 

Negotiation dynamics: Sellers can hold out for a higher price when there are more than buyer. But if there's just one, seller might be willing to negotiate to get the sale. 

In conclusion, it's important for buyers and sellers to know that home prices can be flexible. It depends on the motivations of parties involved. 

If you want to know the most accurate home valuation here in Irvine, go here and get your professional home valuation report. 

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Leo Chen

Agent | License ID: 01958853

+1(949) 238-2346

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