If you are looking to buy a property make sure you ask these questions before you make an offer – you could uncover valuable information that can help you with your negotiation.
The average buyer will spend just 30 minutes in a property before deciding to make an offer.
This decision will likely be made very quickly too, particularly in the busy market we’ve had over the last few years.
A delay of a few days whilst you make your decision would likely result in disappointment because the property would probably have been sold by then.
30 minutes. The length of a sitcom TV show. It is hardly any time at all, and in that short time, we are making life-changing decisions to uproot our family and move our whole lives into a different property, possibly even a new location. And we are taking just that short 30-minute viewing to decide to spend the most amount of money we will probably ever spend on a single purchase in our lives.
When you think about it, it is crazy that we make such impactful decisions so quickly. And really, we need to make those 30 minutes count. We need to ensure that we have gathered as much information as possible to make an informed decision because it will need to be quick.
So, the next time you view a property, ask these questions and note the answers to gather critical information to help you decide whether to make an offer. If you do, it will undoubtedly help with the negotiation process.
When you are only really spending 30 minutes in the property, you must ensure that every second counts and that you are on a fact-finding mission to gather as much information as possible before committing to making an offer.
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