{"id":8336,"date":"2017-09-15T16:38:28","date_gmt":"2017-09-15T15:38:28","guid":{"rendered":"http:\/\/www.tolet.com.ng\/blog\/?p=8336"},"modified":"2017-10-05T12:18:22","modified_gmt":"2017-10-05T11:18:22","slug":"should-i-price-my-home-higher-to-make-the-buyer-negotiate","status":"publish","type":"post","link":"https:\/\/propertypro.ng\/blog\/should-i-price-my-home-higher-to-make-the-buyer-negotiate\/","title":{"rendered":"Should I Price My Home Higher To Make the Buyer Negotiate?"},"content":{"rendered":"<p>If you\u2019ve tried to buy something in Nigeria, then you most likely have had to negotiate from one ridiculous price to something you feel is fair. Now imagine you are about to sell real estate, pricing it higher might seem the logical case, making interested individuals learn home\u00a0price negotiation tactics. But<span style=\"font-weight: 400;\"> is overpricing your property really the best choice? Let&#8217;s\u00a0think like like a buyer.<\/span><\/p>\n<p>CHECK OUT: <a href=\"https:\/\/www.tolet.com.ng\/property-for-sale\/abuja\/land\">LAND FOR SALE IN ABUJA<\/a><\/p>\n<p><strong>1. Buyers will be viewing your competitors home<\/strong><\/p>\n<p><span style=\"font-weight: 400;\">You need to realise you are not the only one trying to sell a home in Nigeria. Before a buyer sets out to buy real estate, most have a budget already and will be searching for homes priced in that particular range of what they can afford. So if they find something similar to your property and cheaper, they won\u2019t be thinking of how to negotiate your house price down\u00a0anymore and those homes competing with you will have a higher chance of being sold before yours.<\/span><\/p>\n<p><strong>2. Qualified buyers aren\u2019t seeing your homes<\/strong><\/p>\n<p><span style=\"font-weight: 400;\">If your home is priced too high qualified buyers in Nigeria won\u2019t be seeing it. T<\/span><span style=\"font-weight: 400;\">he ones who can afford the true value of your property will never see the real estate as you have scared them off with the price.<\/span><\/p>\n<p><strong>3. Buyers are ready to buy<\/strong><\/p>\n<p><span style=\"font-weight: 400;\">Most times, individuals are not thinking of items to negotiate when buying a house. Once a buyer has made his\/her mind to buy real estate, he\/she wants the property NOW. <\/span><span style=\"font-weight: 400;\">They\u2019re anxious to get started in their search to find that perfect home. New properties hit the market every week and as the homes hit the market, your home becomes old news and they will be all over the new property instead of yours.<\/span><\/p>\n<p>CHECK OUT: <a href=\"https:\/\/www.tolet.com.ng\/property-for-sale\/abuja\">HOUSES FOR SALE IN ABUJA<\/a><\/p>\n<p><span style=\"font-weight: 400;\">There is no short answer to this question, but you should discuss it with a knowledgeable real estate professional who knows the\u00a0product, the market and the competition. You can still decide to price your home higher than its true value but you should think like a Nigerian home buyer and see if this decision is right for your\u00a0property.<\/span><\/p>\n<p><a href=\"http:\/\/tolet.com.ng\"><img decoding=\"async\" src=\"https:\/\/www.tolet.com.ng\/blog\/wp-content\/uploads\/2016\/07\/tolet-need-to-find-na-small-tin.jpg\" alt=\"tolet-need-to-find-na-small-tin\" \/><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"If you\u2019ve tried to buy something in Nigeria, then you most likely have had to negotiate from one&hellip;\n","protected":false},"author":18,"featured_media":8337,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"csco_singular_sidebar":"","csco_page_header_type":"","csco_custom_appearance":"","csco_disable_excerpt_posts_layout":false,"csco_page_load_nextpost":"","csco_post_video_location":[],"csco_post_video_location_hash":"","csco_post_video_url":"","csco_post_video_bg_start_time":0,"csco_post_video_bg_end_time":0,"footnotes":""},"categories":[467],"tags":[1860,1859,1858,1848,1861,1830],"class_list":["post-8336","post","type-post","status-publish","format-standard","has-post-thumbnail","category-real-estate-advice","tag-house-pricing-in-nigeria","tag-negotiating-real-estate","tag-overpricing-houses","tag-real-estate-advice","tag-real-estate-price","tag-real-estate-questions","cs-entry","cs-video-wrap"],"_links":{"self":[{"href":"https:\/\/propertypro.ng\/blog\/wp-json\/wp\/v2\/posts\/8336","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/propertypro.ng\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/propertypro.ng\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/propertypro.ng\/blog\/wp-json\/wp\/v2\/users\/18"}],"replies":[{"embeddable":true,"href":"https:\/\/propertypro.ng\/blog\/wp-json\/wp\/v2\/comments?post=8336"}],"version-history":[{"count":4,"href":"https:\/\/propertypro.ng\/blog\/wp-json\/wp\/v2\/posts\/8336\/revisions"}],"predecessor-version":[{"id":8341,"href":"https:\/\/propertypro.ng\/blog\/wp-json\/wp\/v2\/posts\/8336\/revisions\/8341"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/propertypro.ng\/blog\/wp-json\/wp\/v2\/media\/8337"}],"wp:attachment":[{"href":"https:\/\/propertypro.ng\/blog\/wp-json\/wp\/v2\/media?parent=8336"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/propertypro.ng\/blog\/wp-json\/wp\/v2\/categories?post=8336"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/propertypro.ng\/blog\/wp-json\/wp\/v2\/tags?post=8336"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}