In negotiating a price for the purchase of a home, you should do all of the following, except
A) offer the highest price you can afford first to get the purchase settled quickly.
B) write up a contract.
C) assess how market conditions affect the value of the home.
D) understand that real estate agents are brokers between the buyer and seller.

Question

Quizplus · Accepted Answer

Offering the highest price you can afford first is not a good negotiating strategy because it does not leave room for negotiation and could result in paying more than necessary. It's better to start with a lower offer to allow space for negotiation.

In Negotiating a Price for the Purchase of a Home