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Right and fair really depend on perspective. Every once in a while I have a deal where the other side is not moving on anything and it seems empirically unfair. Most of the time, it seems that from their perspective they are giving on something. 
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20 Comments on Compromise is Not a Dirty Word
This is good advice - and I think there is something a few people can learn from - even if they are not buying or selling.
Christine all of life is about compromist and digging ones heals in - well that just gets a lot of folks stuck. We had a stuck one today.....and suggested it's always good to have a plan b, c or d.
Terkel....I think so too!
Anna....Ultimately, it's the client's call but I think it is good to know i is okay to compromise.
Christine - You are right, but compromise has a negative connotation. Maybe "win-win". I recall a story one of my Prof. told. His daughter wanted to stay out late to hang out with friends; I think she was 17, a Senior. He would worry about her arriving home safely on the weekends. So, they bought her a cell phone (this was in the early 2000's) and told her to call home every 30 minutes after 11pm. While that might be overkill for some, I'm the mom of a 17 year old daughter who works at an Imax with bars about. I totally get it. It's a great example of a win-win in that he wanted peace of mind, she wanted to stay with friends and not be the first one home.
In a real estate transaction it's not that different. What does each party need and work out an arrangement. Sometimes it takes some give to get some get.
Cathy...very true. Sometimes the compromise ends up with both sides happy. Sometimes both sides are unhappy. I think that they have a choice to be either happy or unhappy but it's not a bad thing to give up something small to get what you really want.
Christine, in my corporate job I worked as the point person for conversion teams on compromises that had to be made for customers to make things work...there were always 2 sides to try to accommodate as best as possible. It gave me the basis for strong negotiating in real estate...there is nothing wrong with compromises...it will keep our world from blowing up too.
Ninety percent of the time, compromise is the way to get deals done, and homes sold.
Great post!
Ginny....it definitely will keep our world from blowing up...which is more important than any real estate transaction!
Donald....sometimes the parties forget that they already (probably) compromised on price...buyer wanted lower & seller wanted higher....and then they get caught up in little details and get stuck.
Jay....It is always those little things! And compromise does not necessarily mean that it works out evenly (like the buyer got the mower but not the refrigerator) sometimes one side can give in completely (buyer gets neither mower nor refrigerator) and it still works out for everyone's benefit. It does not need to be "even."
A compromise is where neither party is hand stand happy but unity, the deal is struck. Spoken like a true lawyer who promotes mediate don't litigate!
I couldn't agree more. If both sides are getting what they need, compromise is okay. Very good post and congrats on the feature!
Christine, I think every deal out there requires some form of compromise. Our job is to make sure our clients don't get caught up in the minutia.
I look for HAPPY and each person has their own version of it...We know it is over when everyone says...They are happy. Until then, we work at it...good one here...thank you
Could you please forward this post to members of Congress?
Christine - How true - a true compromise has both parties feeling the same way about the results
The first managing broker I ever had used to say, "It's not a win if it's not a win for everyone." Compromise really is necessary to get anywhere when negotiating a contract.
Featured in the group; BARTENDER, MAKE IT A DOUBLE.
Andrew...mediate usually ends up with a better result!
Christiansen Team....even if they get some of what they want but not all, it should be a good thing! Thanks!
Michael....sometimes in spite of our best efforts they get caught up in the minutiae anyway!
Richie...some people are never happy...it is a choice.
Jeanne....LOL!! I try to stay out of politics in my blogging but that is a good suggestion!
Kathy...sometimes both are happy & sometimes both are unhappy.
Chris Ann....thanks for the feature! I am honored!
Role of a Realtor is so very important when it comes to negotiating and usually its the small stuff!! To keep the transactions alive, each party needs to compromise.
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