Choice-India | 5 Tips for Negotiating Property Purchase

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Choice-India

• 5 Tips That Will Get You Ready for Negotiating
  Your Property Purchase

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5 Tips That Will Get You Ready for Negotiating
Your Property Purchase-

• Purchasing a property is the biggest investment
  in whole life. Buying flat in hyderabad is like
  full filling ones dreams. And purchasing a
  property has never been easy.
• Many circumstances, skills and hard work must be
  put in before for a happy purchase.

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• The first and the foremost important skill
  required for purchasing is negotiation skill.
• This negotiation plays a major role in
  purchasing commercial property in hyderabad.
• Here are few (win-win) negotiating skills to help
  you with a perfect purchase.

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1. Budget Planning-

• Determine your financial sources and plan your
  budget. Fix your highest affordable point,
  for the purchase.
• During negotiation, if it crosses your
  affordable point, then leave the
  negotiation. Dont go beyond your limit.

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2. Research-

• Outline requirements what property want to buy
  and then start hunting for your requirement in
  the market and after few searches you will have
  some good knowledge about the properties in the
  market and their prices.

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3. Reason for sale/ Do Research for a sale-

• Make a note of few properties which are in your
  affordable range. Try to know as much as you can
  about the property and about the vendor, because
  Someones minus is our plus and prepare a list
  of questions know the reasons for the sale of
  property, note down the circumstances for a sale,
  understand the situation/need for sale.
  Questions which may be noted down buy a buyer

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• Know since, how long the property in market for
  sale.
• What price the seller is looking for.
• Reason for sale.
• Situation of a seller.
• Find if property has any problem,
• Legal problems
• If you are looking for perfectly vastu based
  property, then look for a
  property which perfectly matches your requirement
• Design few more questions accordingly to your
  requirement

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4. Never show your intention to a seller-

• Act smart and be in neutral position, before you
  start negotiating. This is the most important and
  the killer skill.
• Before making a purchase decision, dont make too
  much contact with the seller, he will try to
  catch your pulse or your anxiety for that
  property.

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• The seller will try getting in personnel with you
  and hell try to enquire about your finance
  standards and even he may put an extra effort
  to know about your strengths of borrowing.
  Purchase decision, must be done in street smart
  way. 
• Dont reveal your feelings/willingness for a
  property or for its features, it will become plus
  for a seller and he will try to push the price
  high.

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• Express yourself as if you want to buy the
  property, but some features are stopping you from
  purchase. 
• This will set seller to step forward and start
  negotiating with you, but remember this must not
  be done overly, the seller may get irritated, it
  should be done in street smart way.

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5. Bidding-

• Always start your bid from a low range. It is
  quite common the houses are tagged higher than
  the actual value. So low bidding than the price
  tagged will help and bid wisely. And if it goes
  out of your limit then, be happy to leave it.
  Sometimes too much negotiation may lose the deal.
  Always negotiations must be win-win. You Win, I
  Win! You Happy, I Happy!

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About Choice-India-

• Choice-india served many reputed landmarks by
  their experience and efficiency in planning,
  quality management and techniques in construction
  industry. Choice-india has been chosen as
  the Best Construction Company in Hyderabad by
  their customers because it has undertaken
  many Building Construction in Hyderabad and made
  the wishes come true of many customers and kept
  their trust.

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Contact Us
Choice India Kavuri Hills Phase 2, Doctor's
Colony, Madhapur, Hyderabad, Telangana 500033
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