Abiodun Doherty | credits: File Real estate is a people business and whenever human beings interact they consciously or unconsciously engage in negotiation. Although this often involves simple issues, at times the stakes could be high. Understanding the basic principles regarding negotiating real estate deals will stand you in good stead as it could determine whether you buy a property for more or less than the actual market value. In real estate transactions several areas of negotiation will surface. Such as what price to pay for a property, when to pay (in full or installments), mortgage terms, agency fees, legal fees, possession issues and several others that involves different individuals or organisations.
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