Are off-the-plan prices negotiable?

[Casserole Dish]

Here's a question I'm a bit embarrassed to ask. I feel I should know already but... when a REA says the price is $blah blah on a house and land or off-the-plan, even, is that it? Like it or leave it? Or do you have to dance around with offers and games etc like when buying an established house or unit?

 

[GoAnna!]

Most things in life are negotiable but especially OTP. Especially if the developer is yet to reach the quota they require to meet the bank's finance requirements )

 

[gerd.]

With our last OTP purchase.
I was fortunate to be aware that the agency I was dealing with didn't have an exclusive listing.
This helped in negotiate the price down.

Gerd

 

[Propertunity]

Hi CD,

As the others have said - everything in life is negotiable. I'd just like to add a word of caution about buying off the plan (OTP) in general though. There are many threads - do a search, start here perhaps: http://www.somersoft.com/forums/showthread.php?t=45102

 

[Mary-Sue]

is that it? Like it or leave it? Or do you have to dance around with offers and games etc like when buying an established house or unit?

I find this "norm" or "standard" concept fascinating, as it dictates people's behaviours.

 

[Casserole Dish]

Thanks for that. Even since yesterday we have now decided we will NOT be buying off the plan. But good to know that we would be able to negotiate a lower price if need be.

Mary Sue, not sure what you are saying?

 

[Bradsdad]

Maybe a good idea CD especially if it's for your 1st purchase and the LVR is going to be high.

Regads
Steve