Menu
Expat.com
Search
Magazine
Search

Room for DR real estate negotiation?

gainkeeper

I'm not asking about new construction. Has anyone purchased an existing home? Does anyone know how much wiggle room there typically is to negotiate? If someone is asking $11 mil negotiable , will they typically stick close to the asking price or accept 7 mil? Would they be offended if you made a low-ball offer or is it expected?


I have spoken to a couple realtors. I have not felt that my realtor was working for me. Is there somewhere I can check the comparable sales in the area on my own?


If a home is listed with a realtor, can I stop and talk to them to see if we could cut out the realtor's commission?

See also

Real estate listingsBuying property in the Dominican RepublicLiving and accommodation on the South Coast of the Dominican RepublicLiving and accommodation in the up and coming Southwest of the Dominican RepublicAccommodation in Santiago de los Caballeros
planner

There is some room to negotiate but I doubt that much!  Low balling would be seen as insulting by locals. 


Cutting out commissions bypassing the realtor? Not likely. 

goinforit

As I understand it only the seller pays any commissios to the realtor.

planner

Still has to be paid. 

Articles to help you in your expat project in Dominican Republic

All of the Dominican Republic's guide articles

Find more topics on the Dominican Republic forum

Macao Hills Phase 2
YOUR COMMENTS ON VILLAS IN CASA LINDA REAL ESTATE PROJECT IN SOSUA
Security System Installation
Land title search/real estate
Buying new development in cap cana
New construction
Home insurance
Renting in Puerto Plata
CONSTRUCTION BUDGET/ESTIMATION
Property websites
Rental leases
Building vs buying
HOA in Condominium projects
buying a house in DR
LAS TERRENAS OR CABARETE
Apartment search websites in DR?
Safest Place to Live in DR ??
Apartment rentals in Puerto Plata
Other discussions about accommodation in Dominican Republic
Choose the best health insurance
Protect your health and get easy access to treatment for expats in Dominican Republic.
Plan your international move
Facilitate your move to the Dominican Republic by getting a quote from our top rated movers.
Open a bank account that suits you
Discover the best international banks to manage your money securely.
Send money overseas at the best rate
For fast, safe and secure money transfers to and from the Dominican Republic.