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Posted on July 27, 2017 - 09:20 AM
by Diane Sterling
With all this talk of supply constraints, you might be tempted to add a little extra onto your asking price, just to give yourself more purchasing power when it’s time to make an offer on your next place. Resist: As a trade-up buyer, you’ll need flexibility as well as a high price, so your primary goal should be to draw multiple bids—which in turn will give you more room to negotiate your exit.