In practice, the advertised selling price of the flat or house you have found is not necessarily the one you will ultimately pay.

In real estate, negotiating the price of a property is quite common...But how do I know if I can negotiate?

Keeping up to date on the property market

When starting a property project, it is essential to find out what the average prices are in the area where you want to buy. You can also check the listings on atHome.lu to see what similar properties are selling for, which will give you a good idea of the prices and the local market.

Find out about the seller

This involves gathering information about the selling owner to find out if the negotiation is open. Are they in a hurry to sell? Has the property been for sale for a long time? If so, you should be assured of a negotiating margin.

But beware, it may be a highly sought-after property, for which potential buyers are jostling for position...

Finding the weak points

Certain characteristics can also help you to justify the negotiation. For example, a noisy street, a house that lacks light, or a bad exposure of the house... Or even renovation work to be done.

This is all valuable information that will guide you. It will help you to know whether or not you can negotiate the price, and above all, to what extent!

In any case, negotiating a property price is not something you can improvise. Trust your real estate agent to help you in this step, it would be a shame to miss out on the house of your dreams by being too greedy on the discount.