How to Negotiate with a Seller in the Netherlands Housing Market
Table of content
In today's Dutch housing market, it's common to bid higher than the asking price. Developing a solid negotiation strategy is crucial to avoid overpaying due to emotional decisions. We've prepared the guide to help you negotiate the property price.
Negotiation Points
When negotiating, consider:
- Price
- Transfer date
- Movables
- Dissolving conditions
Movables (Roerende Zaken)
- Clarify which items are included in the sale
- If not specified, only the house itself is included
- Be explicit to avoid future conflicts
Dissolving Conditions (Ontbindende Voorwaarden)
These protect you from being obligated to purchase if certain conditions aren't met. Common conditions include:
- Financing (mortgage approval)
- Technical inspection results
- National Mortgage Guarantee (NHG)
- Housing permit
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Important:
Set these conditions before making your first bid
Missing the deadline for these conditions can result in a fine (typically 10% of the bid plus compensation)
Set these conditions before making your first bid
Missing the deadline for these conditions can result in a fine (typically 10% of the bid plus compensation)
Making a Bid
Once you've determined your strategy and conditions:
- Submit your bid to the seller (in writing, email, phone, or via the selling agent's website)
- Clearly state both your bid amount and dissolving conditions
The Negotiation Process
In the current market:
- Blind bidding rounds are common, with the seller choosing the highest bid
- For single bidders, the seller may make a counter-offer
- Other parties can still make offers during your negotiations
- The seller is not obligated to sell, even if you meet the asking price
- The asking price can change at any time
If you follow these rules, you can close the deal on your own terms!