1. Research: Smart buyers thoroughly research the product or service they want, understanding market prices and competitors.
2. Set Limits:They establish clear limits on what they’re willing to pay and won’t go beyond those boundaries during negotiations.
3. Patience:Smart buyers are patient, willing to wait for the right opportunity or moment to negotiate the best deal.
4. Build Relationships: They understand the value of building relationships with sellers, creating a positive atmosphere for negotiations.
5. Silence is Powerful: Knowing when to stay silent can be a powerful negotiating tactic, prompting the seller to make concessions.
6. Understand Seller’s Motivation: Smart buyers identify the seller’s motivations, enabling them to tailor their negotiation strategy accordingly.
7. Leverage Information: They leverage any information advantage they have, using it to negotiate from a position of strength.
8. Negotiate More Than Price: Successful negotiators recognize that terms, warranties, or additional services can be just as important as the price.
9. Be Prepared to Walk Away: Smart buyers are prepared to walk away if the deal doesn’t meet their criteria, signaling to the seller they’re serious about their terms.
10. Flexibility: While having clear limits, they also remain flexible, understanding that sometimes concessions are necessary for a mutually beneficial deal.
Invest in Real Estate with DESH NAUTILUS LIMITED and enjoy the benefits that comes with it
With Desh Nautilus Limited you never go wrong… invest wisely!!
Website: http://deshnautilus.com.ng
Address: Plot 11A, Ralph Karirien Crescent, Lekki Peninsula, scheme II, Lagos, Nigeria
Tel: 09063938623, 09028316625