Real estate prices are indeed negotiable and to successfully negotiate, it’s important to understand the current market conditions and the seller’s motivations.

In a seller’s market, where demand is high, lowball offers may not be the best strategy. Instead, tactful negotiation can help you secure a home you love without compromising your budget. Consulting with your agent is advisable for expert guidance, ensuring your offer is competitive and well-received.

It’s also generally recommended to wait until after the home inspection to negotiate. If issues are discovered, you can request a price reduction or necessary repairs before closing.