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Builder won't bargain

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  • 05-05-2008 1:48pm
    #1
    simon333
    Closed Accounts Posts: 82 ✭✭


    Hey,

    I'm looking at buying a 3-bed semi in a certain estate. They've stopped building the houses en masse, they only build the house when you sign the contract.

    Anyway, the estate agent who showed us the show-house said that there's no way the builder will haggle on the price, and don't even try.

    Question is, should you always try to haggle anyway? Or are some construction companies just too stubborn?

    They're nicely contructed houses, and at 250k they are 20k more expensive than other houses in the locality, but the estate and build finish is probably nicer.

    Thanks.
    Simon


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    #2
    MarkR
    Moderators, Regional Midwest Moderators Posts: 11,101 Mod ✭✭✭✭MarkR


    They can only say no. Won't harm to ask. It's a buyers market.


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    #3
    mikemac
    Closed Accounts Posts: 19,986 ✭✭✭✭mikemac


    simon333 wrote: »
    Question is, should you always try to haggle anyway? Or are some construction companies just too stubborn?

    Haggle hard! You bet the builder haggles for credit from suppliers and some look for cheaper labour too. Businessmen are ruthless and you need to be too.

    You might not get money off but maybe free appliances or furniture. Try for that though money off is obviously preferable.
    It is possible that you might not get anything off but at least try.

    I'm not going to comment on buying off the plans, a discussion for another thread but be careful what you do


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    #4
    simon333
    Closed Accounts Posts: 82 ✭✭simon333


    I'm not going to comment on buying off the plans, a discussion for another thread but be careful what you do

    I think I will start another thread for that :)


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    #5
    the_syco
    Registered Users Posts: 37,299 ✭✭✭✭the_syco


    simon333 wrote: »
    They're nicely contructed houses, and at 250k they are 20k more expensive than other houses in the locality, but the estate and build finish is probably nicer.
    HAHAHAHA... yeah... if the estate is finished any time soon, and the builder doesn't f**k off leaving a half built estate with no green area for your kiddies.


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    #6
    simon333
    Closed Accounts Posts: 82 ✭✭simon333


    the_syco wrote: »
    HAHAHAHA... yeah... if the estate is finished any time soon, and the builder doesn't f**k off leaving a half built estate with no green area for your kiddies.

    True, that's not outside of the realm of possibility.


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    #7
    ronbyrne2005
    Closed Accounts Posts: 3,494 ✭✭✭ronbyrne2005


    Make a lowball offer of 220 to the builder and say thats your last offer,that the bank won't lend you that much, then walk away leaving your offer on table, they will contact you within a few months.


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    #8
    Patrickof
    Registered Users Posts: 669 ✭✭✭Patrickof


    Also, if its 20 grand more expensive than other local similar properties then the valuer for the bank possibly won't value it at the sale price.


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