Basics of Negotiation
This lesson explains the components that make up negotiation, and how having any one or all of them increases your negotiation leverage.
We'll cover the following...
There are only three rules to be successful at any negotiation. These are:
- Have options.
- Have information.
- Have patience.
If you are lucky to check-mark on all of the above three items, you can navigate a situation to your advantage or at least, avoid being taken advantage of.
Let’s discuss each tenant one by one: Having options allows you to walk away from an unfair or inadequate offer. It also signals the opposing party ...