Re: Buying a first home: Las Vegas
I am not in favor of purchasing real estate right now. But if I were, I would certainly be employing fiercer negotiating tactics. Don't be afraid to really put the screws to them. You gotta think of it as a war.
How about gathering quotes from every condo developer in town and then having them bid for your money in a "reverse auction"? The lowest bidders get the right to negotiate with you.
When you get an offer that you think is acceptable, set up a meeting to sign all the papers and whatnot. Show up like you are all ready to close the deal... then offer 25% less.
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