When it comes to discussing details of the home construction with a custom homebuilder, the focus should not start and end with the price tag for the project. You may also want to negotiate about payments to the home inspector as well as the closing costs. Keep in mind that everything in the deal is negotiable and the following items below show some helpful tips on how to negotiate with your homebuilder to save cost on your end.
Perform Some Research With Your Custom Homebuilder
First off you need to know how much the kind of home you want to construct with the prices of houses of the same type, size and location. Find out all you can about the details that will affect the price like quality of materials, presence of upgrades, energy efficient appliances and home features. All of these will affect the price of your project.
Always Remain Calm
You won’t do yourself any favors by getting stressed out and losing your temper in the middle of negotiations. It is vital to have a clinical approach by leaving all emotions at the door. This will allow you to focus on what items you really want and to allow the contractor the chance to explain his side. Whatever the outcome you should be calm enough to accept the results.
Go For The Little Perks
Everything should not focus on the final price tag, as there are other items in the house that you can negotiate without it being too much of a burden to the custom homebuilder. Try and negotiate for better lighting fixtures or better materials for the floor. Many builders such as Ironwood on Birdeye have different levels of amenities to offer for the higher prices but it is possible that you could squeeze one or a couple of perks that can be added to the price already agreed on.
Know The Best Time To Negotiate With Your Custom Homebuilder
If you are thinking of getting a custom home built by a custom homebuilder like Ironwood Custom Builders, the best time to begin negotiations on the project would be during the start of the process or much earlier than that so as to be able to select as many items that you want. It is important to consider however that if you are not looking for the most customized home on the neighborhood, you could begin your negotiations when closer to completion by then the choices you will have can be very limited.
If you are not comfortable with doing negotiations, you can seek help from a real estate agent to do the haggling for you. They are pros and are more than knowledgeable to get what their clients want from contractors. Only deal with contractors that have the experience and reputation for the project.