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03-25-2008, 02:30 PM
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Member
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Join Date: Jul 2007
90 posts, read 114,647 times
Reputation: 24
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How much negotiation with drees or Pulte
I am dealing with base price 300K home with both Drees and Pulte in fishers. I choose 20K upgrades from both.
All builders may not be same at negotiation table.... Looking at the market, how much can I expect from them.
Drees: 3000sqft Base price:300K + Upgrades: 20K
Pulte: 3000sqft Base price:300K + Upgrades: 20K
How much water above the rock? Any Idea? Both say they already reduced 30K for the market down trend. I am looking for little less than base price? Is this reasonable when the real estate world going down.
My assumptions are market down trend continue for next 2 years and very little buyers on road and interest rates tend to go down.
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03-25-2008, 02:51 PM
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Member
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Join Date: Jul 2007
90 posts, read 114,647 times
Reputation: 24
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5 to 10%. Is that too much...???????
Can I expect 5% to 10% on the total price? Any recent purchasers, please help.
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03-25-2008, 06:29 PM
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Member
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Join Date: Jan 2008
42 posts, read 39,036 times
Reputation: 10
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I am purchasing a home with Beazer. The price of the house I am getting is $158,999. I am getting the house for $151,999, 10k in upgrades, 6000 lot fee waived, closing costs paid and 3% downpayment assistance. So nearly 30k in incentives for our deal....don't kow if that helps or not.
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03-26-2008, 07:27 AM
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Discopants and Haircuts
Status:
"makin' lemonade"
(set 24 days ago)
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Join Date: Jun 2006
Location: Turn Left at Greenland
11,694 posts, read 7,344,616 times
Reputation: 2824
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I don't know ... play them off each other maybe? I don't think they'll budge on the 300K, but they may budge on upgrades.
__________________
If there won't be dancing at the revolution, I'm not coming.
Emma Goldman
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03-26-2008, 08:47 AM
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Member
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Join Date: Jul 2007
90 posts, read 114,647 times
Reputation: 24
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In the current market can I expect 20K upgrades waived(lots sizes are smaller than others, narrow street than others)? They say they reduce the base price by 35K already. But I think that reduction is for the market down trend. What do you think?
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03-26-2008, 10:11 AM
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Senior Member
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Join Date: Sep 2007
Location: The Fruited Plain
172 posts, read 119,618 times
Reputation: 48
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What did your REALTOR advise you to expect?
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03-26-2008, 10:14 AM
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Member
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Join Date: Jul 2007
90 posts, read 114,647 times
Reputation: 24
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Quote:
Originally Posted by TraderJack
What did your REALTOR advise you to expect?
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Working by myself. Any advice
here is the situation:
I gave an offer on home for 310K and builder counter offered at 312K and I am sure they may come down little bit bcause no builder looses a customer for just 2k in this market. I did not accept their counter offer yet. Now I figured out(from recent buyer) the property is worth/negotiable to 300K-305K for Sure.
NOW WHAT? |
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03-26-2008, 12:50 PM
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Senior Member
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Join Date: Sep 2007
Location: The Fruited Plain
172 posts, read 119,618 times
Reputation: 48
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The best advice I can give you is to interview several REALTORs and choose the one you like the best. Negotiation is their job. They do it every day.
They get paid by the seller so their service is provided to you at no cost.
Any arguments about the price of the home being adjusted upward to account for the REALTOR's fee are baseless. Builders always include the fee as a cost of doing business. There is no discount to you for self representation.
Talk to some REALTORs. Call CB, C21,Tucker, Carpenter and stop in for a chat.  |
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03-26-2008, 01:38 PM
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Member
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Join Date: Jul 2007
90 posts, read 114,647 times
Reputation: 24
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Quote:
Originally Posted by TraderJack
Talk to some REALTORs. Call CB, C21,Tucker, Carpenter and stop in for a chat. |
Trade jack, You advice more towards , stay away from forum and start hiring a realtor. For the sake of my information, can you answer my post PLS |
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03-26-2008, 01:39 PM
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Member
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Join Date: Jul 2007
90 posts, read 114,647 times
Reputation: 24
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Still looking for help......
I am still looking for help. Any body out there....
I am dealing with base price 300K home with both Drees and Pulte in fishers. I choose 20K upgrades from both.
All builders may not be same at negotiation table.... Looking at the market, how much can I expect from them.
Drees: 3000sqft Base price:300K + Upgrades: 20K
Pulte: 3000sqft Base price:300K + Upgrades: 20K
How much water above the rock? Any Idea? Both say they already reduced 30K for the market down trend. I am looking for little less than base price? Is this reasonable when the real estate world going down.
My assumptions are market down trend continue for next 2 years and very little buyers on road and interest rates tend to go down.
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