Whats good Wealthbuilderz its yah boy DeVaughn back again with another blog post and today we are talking about being a better negotiator. Thanks for reading and I hope you enjoy.
To me being a great negotiator is a must have skill to have a productive and lucrative life.
The reason being is that negotiation skills is more then just trying to get someone to buy something from you. Its actually a skill that can help you with your everyday life. So I’ve come up with a list of 5 points to becoming a better negotiator.
5 Points To Becoming A Better Negotiator
1. Know Your Limits
When it comes to negotiating you must know exatly what you want to pay or want to be paid. Then you need to know your bottom. and no I’m not talking about your bottom bottom. I’m talking about your bottom price that you will accept from the other person or pay the other person.
2. Understand who your negotiating with
If you don’t understand the person or what they want then your negotiations are probably aren’t going to go over well with the other party. You have to be in tune with what they want
and try to come to a win win situation.
3. Make The 2nd Move
Most people like to counter offer so if your like most people then you should wait until you
see what the other party is offering first. You want to wait and see if the other
party meets your limit or surpasses your price without you evening asking a thing.
4. Try to Be Fair
Always try to make things a win win situation for the both of you. You never want to leave the other party feeling cheated or slighted on purpose because that can kill you when it comes to any future negotiations.
5. Be Prepared
Being prepared in a negotiation is definitely knowing what you will accept and won’t accept. Also being prepared when it comes to negotiatons you have to know what the market values are for whatever your purchasing thats so you don’t insult the other parties intellegience and super low ball someone.
6. The Bonus tip
Don’t be afraid to walk away from a deal. Most people feel like you want what they have so you won’t walk away but if the negotiations aren’t going your way and its a reasonable reason
to walk then do that. Nine times out of ten if they really want what you have or have the money
to pay you they won’t let you walk away from the deal.
So there you have it my top 5 tips plus a bonus to becoming a better negotiator.
Thanks for reading
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Watch The Video On How To Be A Better Negotiator.