Mastering the Art of Negotiating Luxury Property Deals
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Mastering the Art of Negotiating Luxury Property Deals

Sarah Mitchell

Sarah Mitchell

Senior Real Estate Analyst

December 10, 20245 min read

Negotiating luxury properties requires a different approach than standard real estate transactions. Here's how to master the art.

Know the Market Inside Out

Before entering negotiations, research comparable sales, days on market, and price reductions. Knowledge is your greatest leverage.

Build Rapport with Sellers

In the luxury market, personal connections matter. Understanding seller motivations can reveal flexibility you might not otherwise discover.

Think Beyond Price

Consider negotiating for included furnishings, extended closing timelines, or property improvements rather than focusing solely on price.

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