Are you in the market for a new home, a new car, or a new job? Would you like to get the best value for your money or the best salary for your experience? Well, I recently guest posted on a very popular personal finance and travel blog called Making Sense of Cents. In my post, I outlined some of my top negotiating tips that I have learned from negotiating products and services with large vendors in my career. I actually used those tips to negotiate the successful and quick purchase of my condo. Perhaps you can use some of the advice and general principles I have provided when negotiating your next big purchase. You can find the article here.
In general, my tips were as follows:
1. Know your BATNA (best alternative to a negotiated agreement)
2. Get Multiple Proposals and Offers
3. Condition the Seller
4. Understand the Market
5. Understand the Product
6. Understand Negotiating Ranges
7. Don't be Afraid to Ask
8. Use a Spreadsheet to Track Everything
If you are interested in reading about each of these tips in detail, check out the link to my post here.
Professional Development and Personal Finance Blog