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Property buyers have more negotiating power - Now is the perfect time to invest in property

by , 11 July 2016
Property buyers have more negotiating power - Now is the perfect time to invest in property
Property buyers have more negotiating power - Now is the perfect time to invest in property

In the last few years, investors buying residential property for investment purposes were struggling to negotiate the price of the properties down.

That's because higher property prices were giving sellers all the negotiating power.

But there's a shift of power happening in the markets right now. Buyers with a firm understanding of property prices are flexing their negotiating muscles.

This is putting significant pressure on sellers to bring down their property prices.


This is great news for property investors – It’s time to get your money in the game

The demand for buying property is decreasing, taking property prices down with it. This is directly related to the weakening rand and slower economic growth.
 
The residential property market is seeing price deflation and this is expected to continue for the rest of the year.
 
While property prices are declining, fewer sellers are getting the prices they want for their properties. This means two things. Either they hold onto the property for the next few years, or you move in and buy the property at a discount.
 
The good news for property investors is that demand for rental property has remained quite stable. That means this is the perfect time for property investors to buy property at a discount and rent it out at a premium.
 

Property investing is a long-term game – Don’t be in a hurry to make your first buy

 
Given the current state of the property market, Shaun Rademeyer, CEO of Betterlife Home Loans told Media 24, "Buyers are becoming cheekier regarding their offers in the changing market. Negotiation is, becoming a strong part of the selling process."
 
Clearly, now is the perfect time for property investors to drive down the price of properties, rent out the property and hold it for long-term gains.
 
It’s like Francois Joubert the creator of Become a Master Property Investor in 90 Days says, “Invest in property, it’s an asset that’s consistently increased 10.5% in value year on year since the early 1900s.”
 
If you’re looking for a relatively low risk investment that will guarantee your wealth and secure your retirement in the long-term, then there’s really only one choice for you.

And that’s property!




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