A clean plan for counters and concessions starts with what buyers have paid
You are trying to decide what you will and will not negotiate once offers come in. In Irvine, CA, I anchor that decision to what buyers have been paying relative to asking, because it sets a realistic tone for counters. Quick truth recent closings averaged above asking at about 104.7% of list last month in Irvine, CA.
Here is the constraint I plan around based on the previous 30 days in Irvine, CA, buyers paid about 104.7% of asking for closed sales, and a typical sale took 37 days. That does not mean every home sells over ask, but it does give sellers permission to negotiate from a position of strength when the home is priced and presented in a way that the market recognizes. Where people get this wrong is they treat the first offer like the only offer, or they counter without a clear logic. Some metrics were not reported for this period. Without reported counts of offers, price reductions, or a split by property type, I keep the plan simple use the over-asking environment as leverage, but make every counter defensible so the deal stays intact through the typical timeline. Set your negotiation posture before the first showing decide which terms you will prioritize price, closing date, repairs, and credits so your counter is fast and consistent. Price and position your home so buyers feel urgency - the market has shown it will pay above asking when it believes the number. Once you are in contract, manage expectations around a typical 37-day path so you do not overreact to normal timing friction and give away unnecessary concessions.
About Faye Daroeian
Faye Daroeian is a licensed Real Estate Professional affiliated with RE/MAX One, specializing in the Irvine market. With a focus on strategic marketing and deep local knowledge, Faye Daroeian provides clients with expert guidance in navigating complex real estate transactions. View full profile →
