Thread: How negotiable are land prices?

how negotiable is that.

Directly proportional to how bad the seller needs money.

Be friendly, slow, and easy in your discussions with the owner and you'll soon have an idea of how much the price might come down from the asking price. Recently we bought a little property that was completely non-negotiable but the price was great. We knew it and so did the seller. He was from Jakarta and didn't want a lot of bother with the process, just wanted to sell the land.

But, as Spicyayam said, the seller could be in bad need of money and not have prospects making offers to buy and be willing to come down quite a bit.

Make sure that you don't rush and give it enough time to build the rapport. For some people values and personal interest are far more important than just money.

I m not a story teller but i will try :)

An old man had an old timer car(Ford Galaxie) in his garage and one day he decided to sell it, so he advertised it on some news papers for a very low price. After couple of days he started receiving phone calls and people visiting him to see the car. The car was well maintained and in very good shape. Some people wanted to give him double or triple what he asked for but somehow he refused each time.

Till one day, there was one guy who came to his place and started a conversation about why his selling this car and how/when did he get it , suddenly the old man was all smiling and happy to find a buyer that is interested in him and what does this car mean for him.
It turned out that the old man had a son who is dead now and this was his car that he kept in his garage for decades.
So he gave the car for free to the young man.

@balibule....last week there were also alot of ngaben-ceremonies.
@shoggard...if the price is fix, then no nego2...if in the add it says nego, the asking price could come down alot.
negotiability,also depends if one is buying through an agent/middleman or straight from the owner. as the price negotiated, will come out of the commision of the agent the
chance is smaller for a lower price. Unless ofcourse within the askingprice of the agent is alot of room to play.

Originally Posted by SHoggard

typically what would an agent's fee be?

Obviously going through an agent is more expensive, hopefully they bring some advantage to the party !

In Bali I'm not sure an agent brings much advantage except for ease and perhaps peace-of-mind for those who don't understand "buying" property in Indonesia. Remember that the agent isn't on the buyer's side. And he really isn't on the side of the seller unless it meshes with his wants and needs. Going through an agent can be far more expensive than dealing directly with the seller.