STEVEHOLLYSince 2009

Transaction Stories

The Deal Worked Because We Negotiated More Than Price

A real buyer-representation story about a desirable North Idaho property, two expensive deferred-maintenance items, and using terms and timing to create an agreement that worked for both sides.

Situation

I represented a buyer who wanted a home with some land, a good view, and ideally access to the water.

After a lot of searching, we found something better than he expected.

The property had several usable acres, a gentle slope toward the river, excellent views, and convenient access to town. The home had been remodeled and updated, and there was a large shop with room for an RV, boat, and the kinds of toys that come with living in North Idaho.

My buyer did not want to miss it.

But the property had two expensive items that could not be ignored: an older roof that was near the end of its useful life and a deck that needed substantial replacement.

Together, those projects represented tens of thousands of dollars in near-term expense for the buyer.

Decision

We could have treated the negotiation as a simple argument over price.

That would have missed what was happening on the seller’s side.

The seller had a lot to move, still needed to find her next home, and needed more time than a typical closing would give her.

My buyer, on the other hand, did not need immediate possession.

That gave us another way to structure the deal.

After talking it through, we decided to ask for a credit to help offset the upcoming roof and deck costs while also giving the seller an extended period after closing to move out.

Reasoning

The credit addressed a real financial issue for my buyer.

The extra time addressed a real practical issue for the seller.

Neither side had to pretend those problems did not exist.

That is often where negotiations get better.

Instead of asking only, “How much can we get off the price?” I try to understand what each side actually needs and whether there is a combination of terms that matters more than simply moving the purchase price up or down.

In this case, time had meaningful value to the seller and very little cost to my buyer.

That made it useful leverage.

Outcome

The seller agreed to the credit.

My buyer agreed to give the seller the additional time she needed after closing so she could find her next home and move without feeling rushed.

The buyer got the property he wanted and meaningful help with two expensive items he knew he would have to address.

The seller got the time and flexibility she needed to make her own move.

The transaction came together because the terms solved problems for both sides.

Lesson

Real estate negotiations are rarely just about price.

Sometimes the strongest offer is the one that understands the other side well enough to make the right concession in one area while protecting the client somewhere else.

My buyer did not need immediate possession.

The seller badly needed time.

That difference created value we could use.

The goal was not to “win” against the seller. It was to structure an agreement that let my buyer get the property without ignoring the costs he was taking on, while giving the seller something that genuinely mattered to her.

For more on how I evaluate offers and negotiate around the full transaction, read Price, Terms, and Certainty and Real Estate Negotiation That Keeps the Deal Together.