When you have found a property you want to buy, the first step is to put in a verbal offer.
If you are buying a brand new or off-plan property from a developer, then you will need to pay the asking price, occasionally the developer may offer a small discount if you are purchasing more than one property.
With any other property purchase, you should use the following guidelines:
It is always advisable to let your real estate agent know how flexible you can be with your offer amount, enabling them to negotiate on your behalf. As a general rule of thumb, do not make an unrealistically low offer as you run the risk of stopping any further negotiations.
Clarify with your agent exactly what is included in the sales price.
Once your verbal offer has been accepted, then you will need to make the offer in writing and pay a reservation deposit, this will then be handled by your real estate agent and lawyer.