negotiations are going well for purchases

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Video length: 2 min.

FRANCE 2

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AC.Le Sann, S.Cardon, A.Girault-Carlier, J.Pelletier, V.Christophe – France 2

France Televisions

The real estate market is seeing its prices fall and fewer and fewer buyers, particularly due to inflation. Becoming an owner becomes complicated, so is it time to negotiate? Response elements.

Christian Terrage has just sold this 14 square meter studio. This investor dropped his price by more than 10%, in a hurry to sell it. He had bought it more than 30 years ago, which allows him to make a good deal. “It’s not a catastrophic situation, it’s a drop that remains reasonable, and necessary to balance the market”, he says. Prices that are starting to fall because the market has seized up. Sellers are reluctant to lower their prices.

Margins not seen for 10 years

Buyers now seem to be in a strong position, especially for properties with poor energy diagnostics. “With an F or G label, there is a negotiation process, especially if it is a property that is intended for rental investment”, explains Vincent Desruelles, real estate specialist – Cabinet Xerfi. For buyers, it’s time to negotiate, with – 6% on average in 2022, margins not seen for 10 years.


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