Quote:
Originally Posted by troutman
Get a good realtor to do the negotiations for you. As a buyer, you don't pay commissions.
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Like he says though, the builder will save ~$5500 if he doesn't buy with a Realtor.
I'd offer 230K. People seem to be big fans of meeting in the middle. Prepare to walk away when they don't drop as fast as you are going up during the negotiation. Near the end of the negotiation tell them 240K, that's all you can do budget wise, so if they can't do it, see yah. Wait for the call to come back with them offering something stupid like 241,500. Tell them again, 240K, that's it. Wait for return phone call again when they say they'll take it.
The good part is buying new there isn't the added pressure of the house you really like dissapearing. You have nothing but time. If you haven't already, get a formal preapproval so you have your rate held.