Story
Recession is coming!!
You plan to sell a property. You list your property in the market. Even after few months, you are unable to find a buyer. This is a recession time and infact there are no buyers.
Finally a buyer agrees to pay the asking price set by you. You are glad that finally you will be able to sell the property at your price.
However the buyer informs you that he will pay you only when his own property is sold.
How will you respond to this offer?
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Negotiation is an important life skill
Negotiation is also a game, the more you play and practice, the better you get. Learn and prepare negotiation to reduce anxiety. Like any other skill, it can be mastered.
· Negotiation skills are learnable · You need to know the concept & principles · You need to apply the principles & practice the game · You should get feedback after each negotiation to improve
Last but not the least, seek negotiation and don’t avoid it. When you do buy or sell an asset or join a new job, negotiations are part of the whole process. Prepare for negotiations and don't avoid.
Negotiation is an information game, a conversational dance where we exchange offers...back and forth…offers and counteroffers to benefit mutually.
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