Haggling Tips from our most successful RealRenta Landlords

The current credit crunch means that investors might need to learn new tricks to help make the money they have go further.

Haggling doesn’t come naturally to a lot of people, they may be embarrassed or maybe, just don’t know how to do it.

Haggling saves you money, so don’t get embarrassed, just think of the bottom line.

Here are some tips from our shrewdest landlords - to help you get the price down as low as possible:

• Just ask- sometimes just asking for a discount will do the trick. After all, if you don’t ask, you don’t receive. Don’t be intimidated by someone’s title

• Always be polite and don’t waste anybody’s time

• Do your research and decide on a fair price and make sure that you are talking to the right person/decision maker

• If you get rejected for a discount, ask about extras

• Never be afraid to walk away- remember-whoever who is willing to walk away, has the most power in a negotiation

• Point out any benefits to the other party if they agree to your terms

• Find flaws with the product and highlight them and seek a discount for cash

• Resist the urge to talk too much. Staying strategically silent at certain times can make the seller re-package their offer.


If you liked this blog, you may also like: 

How to defuse an emotional situation with a tenant : https://www.realrenta.com.au/blog/post/200 

Marlene Liontis
Wednesday, 20 February 2019

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