Good Common Sense

We were reminded today of the two most important things necessary for a successful real estate transaction: good buyers and good sellers.

Real estate transactions are full of negotiations over price, items included in the sale, closing date, terms of financing, and other obligations for the parties included in the transaction. Then, when inspections are done, there may be even more negotiations. Buyers may want certain things done by the seller-things to be repaired or remediated- and the seller may only want to agree to do or not to do certain things.

But in all of these negotiations, the most important aspect is that both they buyers and the sellers approach things with the golden rule and shared expectations in mind. Common sense possessed by both parties, and conducting negotiations in a logical way, will take a transaction a long way towards closing in and of itself.

That’s not to say that buyers shouldn’t negotiate vigorously for their interest, and sellers should do the same thing by the same token; making requests or responses to the myriad of issues commonly represented and found in real estate transactions. When common sense is applied, negotiations can happen in a non-antagonistic and mutually beneficial way.

For more information, contact us on the web at www.springfieldfirsthome.com, or simply call or text us at 417.72.9222.