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How Does a Real Estate Agent Negotiate on My Behalf? Negotiation is one of the most consequential things your agent does for you. Here is how the best agents approach it. Understanding the buyer’s position before the offer Effective negotiation begins before any formal offer is received. A skilled agent gathers intelligence on the buyer’s position during the viewing and follow-up process: are they a cash buyer or dependent on finance? What is their timeline? Have they missed other properties? What drew them to yours? This intelligence informs the negotiation strategy before the first number is on the table. Receiving and presenting an offer When a written offer is received, the agent must present it to you promptly and in full — they cannot withhold offers or mislead you about the terms. A good agent presents the offer clearly, explains all conditions and their implications, provides their assessment of the offer’s strengths and weaknesses relative to your price expectations and current market conditions, and recommends a response strategy: accept, counter, or reject. The counter-offer strategy In most negotiations, the first offer is not the best offer. A skilled agent advises on whether to counter and at what level. The counter should signal your minimum acceptable position without closing the negotiation unnecessarily. Countering too high (at your full asking price) may end the negotiation. Countering too low leaves value on the table. The agent’s judgment on where to counter is genuinely valuable. Handling multiple offers When multiple offers are received simultaneously, the agent must disclose to all buyers that multiple offers exist and provide a fair process for all to submit their best and final offer. The agent then advises the vendor on which offer represents the best overall outcome — not just on price but on conditions, timeline, and the buyer’s ability to proceed. Negotiating beyond price Price is not the only negotiation variable. Settlement date, included chattels, the scope of conditions, and the length of the conditional period are all negotiable. A skilled agent identifies which variables matter most to each party and structures the deal around those priorities. A buyer who cannot move on price may be willing to settle quickly. A vendor who wants a higher price may accept a longer settlement to achieve it. Paul Sumich is a Whangarei-based real estate professional with local Northland expertise. Find more at paulsumich.co.nz/blog
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