Getting into the negotiation

by Alex
6. August 2015
Category:   renting in Shanghai

Whether you are buying or selling real estate in Shanghai, you need to do the right talking to the right people in order to get the best deal. Being or using a negotiator is the best way to make sure that you know exactly what is going on and are able to fall into the right piece of property. Whether you are a negotiator or working with someone who negotiates, you will want to make sure that you walk into a home with your facts straight.

Get your facts straight

The first thing to do as a negotiator or to look for in a negotiator is to make sure the facts are there. You will need to know going rates, real estate investments and the market, the trends that are in place, and what facts will be best for the properties that are being looked at. Of course, this will mean that you want to spend time to find the right deal and the right piece of property. Whether you are an individual looking for property, or are working with a negotiator, make sure that your individual needs come first. This is challenging for most expats in Shanghai as they are not sure on how to handle the real estate market, they do not know which prices that should be considered as “normal” and how much money they should be in a so-called “agent fee“.

Shimao Riviera

Shanghai has a lot of beautiful compounds and apartments for foreigners.

If you are working with or as a negotiator, you want to make sure that they have your best interests in mind. Often times, negotiators in Shanghai will try to sell someone on a deal just so they can receive commission. This is not necessarily a good way to negotiate or find a deal. Everyone should walk away feeling like they won with the investment in the property. This starts with finding the right information and ends with making and signing the right contract.

If you are interested in real estate or just want to work with a negotiator, make sure that they fit your description of a good sales person to work with. This will make a large difference in the property that you invest in as well as a difference in your ability to have your individual needs met.

What to look for when searching for apartments in Shanghai

Also, get to know these factors before you want to rent an apartment in downtown Shanghai:

– The price points might vary from the website and in real life
– A lot of “local” agents do not offer the prices they advertise on their website
– Connect with a serious and professional real estate company
– Always negiotate with the landlord about the price