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Repair Negotiation

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Core termHome Buying ProcessBuying

Definition

The process of discussion and compromise between you and the seller regarding repairs requested following inspections. Negotiations determine which repairs the seller makes versus which you'll accept as-is or get credits for.

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About this term

Repair negotiation is a back-and-forth process where the seller may offer to repair some items, provide credit for others, and refuse to address some items at all. The buyer must decide whether to accept the seller's response or terminate the contract. In competitive markets, sellers reject most repair requests; in buyer's markets, sellers may be more flexible. The key is understanding what repairs are necessary versus merely preferable.

Pro Tip

Don't get emotionally attached to having repairs completed by the seller. Often you'll be happier getting credit and choosing your contractor.

Example

Buyer requests $25,000 in repairs; seller offers to repair the roof ($12,000) and provide $5,000 credit for other items; buyer accepts this offer, resolving the negotiation.

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