Free Real Estate Negotiation Letter Template
Real Estate Negotiation Letter
[Your Company Name]
[Your Company Address]
[Your Company Number]
[Your Company Email]
January 3, 2051
Ernesto Murphy
789 Pine Street
Springfield, TX 75001
Subject: Proposal for Negotiation of Property Terms
Dear Mr. Murphy,
I hope this letter finds you well. I am reaching out regarding the ongoing discussions about the property located at 123 Elm Street, Springfield, TX. After reviewing the current terms and considering market conditions, I would like to propose adjustments to ensure a mutually beneficial agreement.
Proposed Adjustments:
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Purchase Price:
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Current Offer: $500,000
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Proposed Adjustment: $475,000, based on comparable market valuations and the current condition of the property.
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Closing Timeline:
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Current Agreement: 30 days
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Proposed Adjustment: Extend to 45 days to allow adequate time for financing and inspection processes.
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Repairs and Upgrades:
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Requesting the seller to address the following before closing:
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Repairing the roofing shingles.
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Servicing the HVAC system.
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Additional Concessions:
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Requesting a credit of $5,000 toward closing costs to offset minor cosmetic updates needed for the property.
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These proposed adjustments aim to create a fair and transparent agreement that addresses both parties' priorities. I am confident that this negotiation can lead to a successful conclusion, and I am eager to continue discussions to finalize the terms.
Please let me know your thoughts on the above adjustments. I am happy to discuss these points further at your earliest convenience. Feel free to reach out.
Thank you for your time and consideration. I look forward to your response and hope we can move forward together.
Sincerely,
[Your Name]
Real Estate Agent
[Your Company Name]