The real estate market in Zirakpur is booming like never before. The development rate, infrastructure, and connectivity of Zirakpur have garnered the attention of people looking to invest in real estate. With this, more and more developers are making their way into this planned satellite city. Looking at the current competitive real estate scenario, it would not be wrong to say that buying a property in Zirakpur might cost you an arm and a leg. However, if you know the art of negotiation, you can get your dream home from a renowned real estate company in Zirakpur at the best possible rate.
Read further to unearth the top strategies to secure the best deal on a property in Zirakpur.
1. Be well prepared
Do not step into the negotiation half-prepared. Make sure you know everything about the current market situation. Do your research. Find the property values around the desired location, along with the local market trends, and gather the most recent sales data. Several real estate websites provide valuable information on the local real estate market.
All this information will better equip you to negotiate. This knowledge will give you the confidence to negotiate and walk out with a profitable deal.
The preparation also involves determining your position in the negotiation. Be aware of your financial condition. Understand how much you are ready to shelve out for the property in question. Knowing these things will help you set your negotiation goals and make an informed final decision.
2. Invest when the time is right
Another thing to understand before you come face to face with the seller is the right time to invest. There is certainly a right time for real estate investment.
In India, you can expect to get a better deal during the festive season. While it might not directly affect the cost, developers readily offer some incentives, such as flexible payment plans, extra amenities and facilities, etc. Some sellers even offer price reductions.
You can use the right time to invest in the property and use your negotiation skills to make the deal even sweeter.
3. Make a reasonable offer
Once you have completed your homework, and are ready to flex your negotiation muscle, start the exercise by making a reasonable offer. Your research will help you quote an offer that is neither too low nor too high.
Make sure your first offer dignifies the value of the property and suits your budget. A fair first offer sets the right tone for negotiation and gives you an upper hand in the discussion.
4. Negotiate everything
While you are already in the negotiation ring, negotiate everything, along with the price of the property. Many people limit their discussions to price, but you can negotiate everything, including the closing cost, closing date, contingencies, warranties, seller concessions, etc.
These things might appear insubstantial in front of the enormous property cost you are trying to negotiate, but they add up making a big difference. Hence, negotiate everything to get an overall good deal.
5. Do not shy away from walking away
Do not shy away from walking away if the deal doesn’t seem to go your way. Opt out of the negotiation to give the seller the impression that you are willing to explore other options too. It will send the message that you are not going to settle for anything less.
6. Rope in a professional real estate agent
Although these tips will help you sail through the sea, if the need arises, rope in a professional real estate agent to negotiate on your behalf. Real estate agents understand the ins and outs of the real estate industry like no one. Having an expert by your side betters your chances of sealing the deal in your favor.
The bottom line
While negotiation is essential to get the desired deal, if you already have a reputed developer with the keys to your dream home, offering the best price, you might not have to negotiate at all.
Motiaz Group, the best and the most reliable real estate developer in Zirakpur, offers properties laden with the best amenities and facilities at a fair price.
Contact Motiaz, your real estate developer in Zirakpur, to buy your dream home. Call us on +91 7259372593.