Things you should never do when negotiating a Deal/an Offer
Negotiating business deals,negotiating union contract, negotiating record
deal
Here is a list of the different things that you should refrain from
doing when you get to the juncture of a deal or while making an offer.
? Never mock or laugh at the property, its condition or location. Do
not even refer to the issue of the offer or price by any chance. It is
obvious that both the seller and the agent had already thought of the
issue when they were setting the price.
? Never try to know how much the seller had originally paid for the property
or for how long they have owned it. Don�t even care for it. The only thing
that you should be concerned about is whether the price you are paying
is a fair one in comparison to the market value or not. Forget about the
owner�s profit share. Put yourself in the seller�s shoes. Would you be
ready to sell your house or property at a lower rate than what you had
bought it for only because it went under a lot of depreciation over the
years?
? Do not overlook the seller�s needs and wants. There is no point complicating
the situation unnecessarily when you can actually come clean of the deal
with a �win-win� result. He or she may have a few non-monetary needs and
demands which may not be so hard to keep, provided you are getting such
a nice property from them.
? Never lowball the seller in any circumstances for a moderately priced
property. Even if you think that the price is high there is no point quarreling
as chances are very low that he will make a change according to your negotiation
desires. Unless it has lying there in the market for a very long time.
? Do not be rigid because after all it doesn�t really matter, whether
the seller wants an early close down or a rent back. That little bit is
all right with the background that you will be getting an all-new home
in exchange.
? Never show a disregard for the standard market prices as that will
be a sign of how na�ve you are. Instead make a call to the listing agent
a little beforehand informing him that the terms are a little unfamiliar
and the reason why they are that way. And explain why your offer should
still be accepted provided the fact that it is exceptional.
? Never get overly attached as until and unless the final acceptance
takes place, the property is still not yours. And that remains so no matter
how good an offer it may seem.
? Abhor being a stalker: Never make it obvious that you are the new owner,
it is obviously meant to be yours but then it won�t be any point following
around the listing agent or roaming about in the house. Still if you can�t
resist stalking, then your Realtor is the person, and believe us he is
one person who will actually understand your point of you.