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Slide Notes

-Range Technique
-Negative Phrasing
-A "no" is better than a "maybe"
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Quick Tips on Negotiating

Published on Apr 23, 2018

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PRESENTATION OUTLINE

Quick Tips on Negotiating

-Range Technique
-Negative Phrasing
-A "no" is better than a "maybe"
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1. Build Rapport

-Connect with the seller
-Affirm and repeat the sellers words
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2. Frame the Interaction

-Agree on time
-Agree on agenda
-Control the interaction
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3. Agree on Methodology

Agree on methodology before you talk about price

8 - Cap

Due Diligence
Rent collected

The more you can explain how you arrived at your numbers, the more effective you'll be in getting your offers accepted
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4. Visit the Property

- Raport with the seller
- Get a good idea for the work needed to be done on the property
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6. Leave Room to Negotiate

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7. Refer to a Higher Power

You can make some decisions but you may want to think about a proposal a little bit more, you may want to run the numbers when you get home, you may want to do a little more due diligence

On the other hand, if your seller is using the technique. You need the get the partner involved as soon as possible.
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