Gatlinburg Real Estate Negotiation
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Featured Properties


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$249,900
3420 TOPSIDE RD
Knoxville, TN

Finished Basement, Hardwood Floor, Tile Floor, Basement Rec Room, Cathedral Ceiling, Microwave, Office/BR Main Level, Range/Oven, Refrigerator, Walk-in-Closets, Whirlpool/Tub, Bedroom 2 is 16 x 16, ..[more]




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$250,000
204 E. Oklahoma
Knoxville, TN

Real Estate at its best! This is a beautiful Knoxville property!..[more]




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$339,900
9709 Hawfinch Lane
Knoxville, TN

Real Estate at its best! This is a beautiful Knoxville property!..[more]




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$339,900
1709 ROYAL HARBOR
Knoxville, TN

Carpet, Hardwood Floor, Tile Floor, Breakfast Room, Dishwasher, Disposal, Microwave, Pantry, Range/Oven, Smoke Detector, Bedroom 2 is 13.6X13...[more]


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  • When writing a purchase contract, avoid expensive terminology such as paying a buyer's closing costs, and of course you should watch out for all the contingencies that could cost you time with your home off the market. If the buyer wants to close on the sale contingent with the selling of his or her house, include a kick-out clause that will allow you to back out of the contract within seventy two hours if you receive an offer that does not contain contingencies

    Buyers vs. Sellers Market
    The first job before making a contractual offer is understanding the housing market that is working in your local area. This will help you determine how quickly you need to buy when looking at homes.

    If you happen to be in the buyer's market, you will of course have plenty of time to find and search out several homes in different areas and price ranges before you negotiate best possible price.

    If you happen to be in a seller's market, things are different, you may have a very short time to make and write an offer before your house slips away!

    Buyers Market - The real estate market has more sellers than it has buyers and time is on your side! You will find plenty of homes that you can visit, and even revisit again for comparisons, before you negotiate favorable contract terms.

    It would be very advisable to run a CNA, or comparable neighborhood analysis on homes that you have visited before making your offer.

    Items you should compare include

  • The age and the condition of similar homes in the same neighborhood
  • The homes that are sold within the last six months in the same area.


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