"Here's a Good Negotiating Strategy, Any Others??"

From: Rixter ®


Does anyone have any good negotiating tips & strategies they regularly use to effectively clinch a deal when putting in offers on IP?

When making LOW OFFERS, I know an Investor who has good success in getting them accepted by attaching to his offer a copy of his "Approval in Principle" from his bank made out for exactly the same amount of his "Low Offer", and he also attaches and a "Large Deposit" as an extra inducement in the form of a personal cheque.

This strategy works really well when you know the vendor is Motivated & wants a quick settlement.

Happy Investing,
Rixter :)
 
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Reply: 1
From: Michael G


Rix,

I've heard the cheque attached to offer technique works well.

Another good tip for negotiation is...

IF YOU DONT ASK, YOU DONT GET.

Basic but true, if you want a $500 deposit, ask for it, if you want 8 wk settlement ask for it, if you want longer cooling off, ask for it.

Michael G
 
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