Price Negotiations

I love helping buyers to find the perfect property. But I love even more the ways in which I can help them to buy it at the very best price with the very best terms. Sometimes negotiations aren’t all price. A great contract can involve other seller concessions that create the right deal for my buyer clients.
 
Real estate market data –How can you be expected to make price offer decisions in a vacuum? I spend a great amount of time and effort in collecting market data to help my buyers in their price negotiations. This data involves not only sold property prices by neighborhood, but also current listing pricing to determine the competitive nature of the market.
 
This data is very thorough, and it’s called a Comparative (or Competitive) Market Analysis.  There are two parts, the comparison of the property you’re considering to similar properties recently sold in the nearby area.  This gives me a firm grip on what has happened in the near past, but by nature it is “past” data, thus possibly not accurate for the market as it is when you’re in negotiations.  I then do another CMA process on the currently listed properties most like the one under consideration and in the same neighborhood or nearby.  This gives me a current market snapshot so that I can adjust my valuation model and my offer to reflect the current market situation.
 
Thorough knowledge of your situation – Only through constant communication I can advise you properly in pricing negotiations. By understanding your motivations and financial capabilities, I can help you craft a price negotiation strategy with the highest probability of success.

Seller motivation research – While it’s not always legally possible to determine why someone is selling, there are things I can glean from their listing and price activity that will allow me to help you to negotiate from a position of strength.

It’s not all money – There are a lot of ways to negotiate a real estate deal, and they don’t always involve money. Perhaps the seller doesn’t have a lot of ability to work with you on price, but they can make other concessions that could result in a deal. I help you to take the best approach.

It’s not over till it’s over – Many real estate price negotiations involve multiple counter offers and a lot of back–and–forth. I'm with you with each counter offer to adjust your negotiation strategy accordingly. Because I can’t know the seller’s financial limitations in many deals, some buyers are elated when they cut a major low-priced deal on a home, but then after inspections they hit a brick wall in negotiations with the seller related to repairs.  The negotiation to purchase a home isn’t over with the price on the contract, and it’s best to know that a real deal at the front end could result in less flexibility after inspections in the repairs discussion.
 
The thing to remember is that I'll be with you every step of the way throughout the negotiation process with the latest information and experienced advice.

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Success Stories
  • "My husband Paul and I drove around with Ben for about 4 months before we found the house we couldn't walk away from. We saw several nice ones in between that time, and saw a few more when we were looking on our own for a couple of months but with Bens' assistance, we were able to narrow teh field and find our home. The incredible thing for me was that we saw this house as a brand new listing and within a week, we had everything finalized. More amazing than that, is that Ben pulled the same success for us when selling our house-- only we had 3 offers presented the day after our first showing, and we not only got more than we asked for, we got more than than the people who owned the other half of our duplex and they were trying for 5 months. Ben only had us listed for a week!! This happened last year, prior to the market heating up to teh firestorm its been over the last while, so his track record completely blew me away! Ben is an amazing realor and I'm now extremely proud that I can call him a friend as well."

    Paul and Karen V.
  • "Hi Ben! I just want to thank you for the excellent work you have done in selling my house. I know the real estate market was hot, but you were able to sell my house after one weekend of open house for $17,000 more than my asking price and with multiple back up offers. I am also extremely pleased that the possession date & completion date were blended in such a way that I didn't have to worry about a bridge mortgage. Your suggestions for doing the necessary work on my house were invaluable in maximizing my asking price. Again, I am extremely pleased with your professionalism & your tactful negotiation skill in making the sale of my house go smoothly. I would not hesitate to recommend you to all of my family and friends. Thanks"

    Donna Ho
  • " My Wife & I would like to thank you wery much for your expertise and great help in puting together the purchase of our 2nd condominium. You were very attentive to our concerns when we bought our 1st condo, so we it was a no brainer for us to work with you again."

    Bob and Sharon W.
  • " Thanks again with helping us with the sale of our home. You were very knowledgeable and professional. We especially appreciated the market analysis you provided. It explained much about what we needed to know about preparing a home for sale and assisted us in determining a price. We would not hesitate to work with you again and will recommend you to our family and friends. "

    MArk and Alic B.
  • "We are so pleased with Bens' services!!!! Bens' 19 years of experience was outstanding. Ben investigated the market, provided us with the facts, and discussed with us the unique details that related to us specifically.....As a result, Ben sold our home very quickly and we think thats due to his experience in Pre-Qualifying all prospective buyers and negotiating the best price and terms for us. In Ben we Trust!

    DAve and Lil C.
  • " Just wanted to let you know that we have settled in nicely to the new place. We love it. We also wanted to thank you for everything. You made our first home buying experience a very pleasant one! You were extremely helpful and flexible and we appreciate all the work you did for us. We will certainly recommend you to anyone looking to buy or sell, and when we are ready to do it all again, you will be our first phone call! If you are ever in the neighborhood, please drop by. "

    Doug and Jackie F.
  • " Ben was referred to us by a friend. We chose Ben to sell our Rental Home.We have worked with many realtors over the years and we would highly recommend Ben. He was courteous, returned phone calls promptly and our interests came first. Thanks again Ben."

    Bob and Jean J.
  • "To Whom it may concern, Ben's services were extraordinary. He went beyond the expectations of an agent, very courtious and personable. He is caring and easy to work with. I am very grateful for his kindness, understanding and patience. The process of buying my first condo was stressful but he made it as easy as possible and met my requirements. Even after the sale he made sure I was comfortable wit my purchase, addressing my concerns about the washing machine and garburator, making sure all was in working order. Thanks so much Ben!"

    Caroline P.
  • "Hi Ben, We were selling our first home and Ben guided us through the steps. He is very helpful, informative, professional and prompt. Thanks for selling our first home! He would be our realtor if we chose to buy or sell another home. Thanks Ben"

    Chitose and Van K.
  • "Ben Sold 2 houses for us and Helped us buy a condo. He is a great communicator and diligent about getting the job done. He knows how to work to a style that suits a client. He uses online rexources and is very creative about getting you what you want. We highly recommend him."

    Doug and Della S.
  • This is the 2nd home that my fiancee and I have purchased. Compared to our first experience, this one was a dream. We owe most of that to Ben. Throughout the entire experience, Ben represented our interests without fail and was available for every question or concern no matter what the time of day or how small the issue. We would use Ben again and recommend him to Family and Friends without hesitation. He brings a professional and calm approach to a situation which made us relax during the stressful times. Thanks Ben, We really appreciate your efforts! Sincerely Regan and Tannis

    Regan and Tannis M.
Contact Info
Agent
Ben Catalano

Real Estate Advisor

102 - 403 North Road
Coquitlam  British Columbia V3K 3V9

604-415-9800 604-671-9411 bcatalano@sutton.com

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