If you’re looking to sell or buy a home, seeking for a realtor’s help in price negotiation for your home is a very good option. 

Remember that whether you think negotiating in a real estate transaction is exciting or terrifying, you won't get the things you don't ask for. If there is something special you want, speak up. Whatever your opinion of the process of reaching consensus may be, here are some mistakes to avoid when negotiating a deal.

People often let emotion dictate their negotiations. Don't get angry when a buyer presents a low offer for your home. The buyer needs to start the negotiation somewhere. He may be testing the waters to see how low you'll go. Or his negotiation tactics could have been formed where negotiating is handled differently. Whatever the case, if you see the offer as an insult and choose not to counter, you may be cutting off the process that would have resulted in a sale.

Keeping emotions out of a deal also means maintaining a business relationship and not feeling sorry for the other side. On the other hand, if a buyer said they can't afford your asking price, but you believe you're asking fair market value, stick to your guns. Maybe yours isn't the house for them.

What's the lowest price you'll accept for your home? What concessions, if any, will you make? Answer these questions before you put your home on the market and revisit them if your home isn't seeing the activity you hoped for. And for buyers, what's the absolute most you can afford? How close are you willing to come to that number? Whether you're buying or selling, be sure to share this info with your Realtor so he or she knows your priorities.

Your Realtor can help you analyze the current market and identify an appropriate buying or selling strategy for you.

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Source: chron.com