Negotiating the price of a manufactured home can be a daunting task. However, it is possible to minimize the costs with a little bit of research and negotiation skills. Here are some tips on how to negotiate the price of a manufactured home:
Do your research: Before going to buy a manufactured home, research the market prices of similar homes in your area. This knowledge will give you an idea of what a fair price is.
Know the invoice price: Ask the seller if they have the invoice for the property and what the cash price will be. This will give you a good starting point for negotiation, and you can try to negotiate closer to the invoice price.
Don’t reveal your maximum payment: It’s important not to disclose the amount you think your maximum payment should be or the price you’d prefer to pay. This gives the seller an upper hand in negotiations.
Be firm but polite: Negotiation is a delicate dance, and it’s important to be firm but polite. Be willing to walk away if you can’t reach an agreement that satisfies both you and the seller.
Ask for added value: If the seller is unwilling to lower the price, ask for added value. This could include furniture or appliances, or even home improvement services that can increase the property’s overall value.
In conclusion, negotiating the price of a manufactured home requires a combination of research, assertiveness, and politeness. With these tips, you can create a win-win situation for both you and the seller.