Make Better Deals This Year: Negotiation Tactics and Tips for REALTORS®

Louisiana REALTORS® • January 27, 2023

As a REALTOR® you have a very important responsibility to work and act in the best interest of your client. Whether they are buying a house or selling their home, it is your responsibility to ethically get them the very best result possible. Achieving these results stems from clear communication, due diligence, hard work, and ultimately skillful negotiation. When you arrive at the closing table, your client should rest assured that the check they’re writing, or the check they’re receiving, is the outcome of a well-negotiated deal. Here are a few tips and tactics that help you excel when it comes to negotiating your next client’s transaction.


Leverage Market Value Over Asking Price

It’s important to understand the market value of the home that your client is interested in. Even in a seller’s market, there is no reason to overpay. Using this metric as your baseline before you make an offer can be very effective to ensure that your client does not spend too much. While there will likely be a back and forth, starting too low is better than starting too high; and when you can back up your offer with logic, it can put you and your client in a very strategic position.


Know How to be Persuasive

Persuasion is key in any negotiation. There are six psychologically proven rudiments of persuasion. Being familiar with them and how to use them can be very helpful in enhancing your persuasiveness during a negotiation. The six rudiments are as follows:

  1. Reciprocity – If you offer something, people tend to feel obligated to give something in return.
  2. Authority – Requests made a knowledgeable, professional, perceived expert tend to be received more openly.
  3. Scarcity – A lack of resources or the principle of supply and demand can be very helpful.
  4. Liking – Finding commonalities with the other party can make you more likeable, and therefore more agreeable.
  5. Consensus – Having a reputation as someone that is nice and easy to work with in your field can make negotiating with other agents less challenging.
  6. Consistency – Being consistent makes people more comfortable. When they are more comfortable, they are more apt to agree with you.


Understand What the Other Party Wants and Needs

When you know what the other party values, you can use that to your advantage. Whether your client is buying or selling, there are more important factors for some there are for others. If price is sticking point you can leverage that for upgrades, repairs, or other considerations. Leveraging this information allows you offer what they want, while making sure your client is receiving something of equal or more value, at least to them. This creates a win/win scenario for everyone.


Be Familiar with the Transactional Data for Your Market

Knowledge is power. If you know the key real estate performance metrics for your area you will be at a distinct advantage. Understanding these statistics and how you can apply them during your negotiation will not only lend to your credibility (authority), but also back up your offer with hard facts. Some of the transactional data you should be familiar with includes:

  • Average time on market
  • Comparable
  • Price per square foot
  • Room counts
  • HOA fees
  • Taxes
  • Schools
  • Transportation
  • Infrastructure


These are only a few examples of how you can excel at the negotiating table and represent your clients in the best way possible. 

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By Louisiana REALTORS® September 4, 2026
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By Louisiana REALTORS® August 25, 2026
Louisiana REALTORS® CEO Norman Morris issued the following statement after SpaceX announced plans to invest $100 billion in a new launch facility in Vermilion Parish. The project is expected to create 3,000 direct jobs and more than 8,100 indirect jobs across Acadiana. “SpaceX’s investment is an extraordinary economic win for Louisiana. We congratulate Governor Jeff Landry, Louisiana Economic Development Secretary Susan Bourgeois, Vermilion Parish leaders, and everyone who helped bring this historic project home. The housing and infrastructure improvements needed to support more than 11,000 new job opportunities should generate a huge economic boost to the Acadiana and Gulf Coast region. According to the National Association of REALTORS®, each typical Louisiana home sale generates approximately $88,600 in economic activity. Even if only half of the new SpaceX related jobs lead to a home purchase, the impact would generate nearly half a billion dollars across our state's economy. That improves our tax base and school systems, and ripples through our economy touching builders, bankers, hardware stores, appliance dealers, contractors and so many more. “Housing is not downstream of economic development; it is an essential infrastructure. Louisiana REALTORS® and our partners stand ready to help turn these new jobs into homes, stronger communities and lasting roots in Louisiana. Economic development creates jobs, but housing turns those jobs into homes. Let’s make Louisiana home again, together.” Economic-impact estimates are illustrative calculations by Louisiana REALTORS® using employment projections from Louisiana Economic Development and the National Association of REALTORS®’ estimated economic impact per typical Louisiana home sale. They are not forecasts or recurring annual-impact figures. Enjoy the video below from the Louisiana Department of Economic Development .
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By Louisiana REALTORS® August 17, 2026
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