GUIDE

03: NEGOTIATION WITH THE PROPERTY OWNERS IN SARANDA

By Vangjel Dhimo on February 25th, 2023

When acquiring a property from a private owner in Saranda, Albania you proceed to the negotiating stage of the acquisition process after you lay eyes on a property that fits your vision of the ideal home. Here are some actions you should really consider during this crucial phase:

PRESENTING A QUOTE

We urge you to communicate your purchase offer in writing through your agent (usually in the form of an offer letter). The suggested price, payment schedule, and deadlines must all be included in the offer letter.

Make sure you comprehend what will be included in the sale of the home, such as furnishings and fixtures before you make an offer. Make sure your offer is reasonable and serious; the more serious your offer appears to be on paper, the more likely it is that you will be successful in obtaining the greatest bargain.

There have been instances where the buyer has chosen to sit down and negotiate the price with the seller after making an offer. We have seen that these discussions are less formal and more informal. And the procedure is much more regulated and methodical when dealing with an agent or submitting an offer in writing. In our opinion, using an agent to negotiate when settling on a final purchase price benefits the buyer more, partly because an agent has experience with the bargaining process.

It’s important to remember that any additional unique conditions or demands that you would like the seller to take into account before buying a property in Saranda must be expressly expressed in the initial offer.

INQUIRIES AND RESPONSE

WHAT IS THE BEST OFFER TO MAKE ON A PROPERTY?

When bargaining, a written offer that is reasonable and sincere is your best option. The more serious your offer appears in writing, the more likely it is that you will be successful in making a purchase and obtaining the finest potential terms. However, there are circumstances in which the vendor and seller personally negotiate the accepted final offer, which can be as effective as written negotiations. There is no right or wrong method to make an offer, but in our experience, it is almost always preferable to do so through your agent, who can support you during the negotiation and help you get the best possible outcome.

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