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I once had a seller ask me this question at a listing appointment. I was quick on my feet and explained that I don't burn any bridges in this business. I told them I can be feisty and that I'll go to bat for my clients when I have to, but first I try to get more accomplished with honey. I then went on to further explain how I think I have made a nice reputation for myself in the local real estate community, enough so that other agents don't think twice about showing my listings. I think I have proved over and over that I can generally work well with people .

There are exceptions - sometimes I get very frustrated. I have been left feeling very betrayed by sneaky agents who didn't disclose things. I have had other agents snap at me and get defensive. And, then there are the ones who just drag their feet and lack the efficiency to get things done - I sometimes find myself having to pick up the slack. Many times I've been prepared for a cat fight, but I really try hard not to go there.  

But, all I can do is move on with pleasantries, because in this market we all have to work together to get results. I do a fair share of listing, and so I am usually at all the buyer's agents mercy during these challenging times. As much as I am tempted to speak my mind, I know that being arrogant and confrontational will not get me sales. Instead, it could send the other party packing...

The worst thing a listing agent can do is to spook the buyer or the buyer's agent. So, when it comes to my listings, if anybody is going to start packing, I'm going to be certain they're packing up boxes and getting ready to move.

 

I can be feisty, I can play hardball and I might even have had to do this a few times - but why would I, if I don't have to? Don't worry - I keep track of those who have burned me in the past and so I know when I need to be prepared. But, isn't it more important that I act dignified and earn the respect of the rest of the real estate community? After all, I want agents to flock to my listings and sell them. What's your negotiating style? 

 

 
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7 Comments on What's Your Negotiating Style?

That is an easy question...have enough information and knowldge that you can take hostages.

04/26/2008 08:43 PM by Jim Crawford ~ Atlanta Real Estate-ABR E-PRO (RE/MAX Greater Atlanta)


Listen to talk radio.  I learned several skills listening to the host.  The hosts are professional debaters and can switch anything around.

04/26/2008 08:58 PM by Brian Kreick (Kreick, Inc.)


Be appreciative, be smart, and know who you can trust. 

04/26/2008 09:21 PM by Linda Lipscomb RE/MAX Lexington Henderson County TN


You definitely don't want to burn bridges in this business!

I try to negotiate win-win for everyone. In real estate, I advocate for my clients - and want to make sure tha the other side doesn't feel as if they "lost" - if that makes sense. There are a couple of good books that I like: "You Can Negotiate Anything" by Herb Cohen and "How to Win Friends and Influence People" by Dale Carnegie.

04/26/2008 09:49 PM by Darleen McCullen, Broker-Raleigh, NC Real Estate (Keller Williams Realty - www.darleenmc.com)


Carol, one tweak difference I have is while I am prepared how I was treated by another agent, listing or selling side, I don't keep score on it. I let the negative energy go. Kind of a forgiveness thing. More for my sake than there's, and I hate being weighted down by the negativity.

04/27/2008 04:24 PM by Gary Woltal - REALTORĀ® Dallas Ft. Worth (Keller Williams Realty)


Be professional and shouldn't have a problem.  No yelling, screaming, swearing and so on.

04/27/2008 04:39 PM by Denise Allen Realtor@ Chesapeake (GSH Real Estate)


I love writing out a letter explaining all the win-wins.  I also make sure to explain reasons behind sticking  points if I have permission.  People forget that there is another person on the other end of the deal.  They get lost in the numbers.  I try to remind them of that.  I also try to remind them of what is important to them.

04/29/2008 03:38 PM by Barb Overman (Century 21 Bob Capes Realtors)


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Real Estate Agent: Carol Culkin (Century 21 - Anita Ferri Realty)
Carol Culkin
Poughkeepsie, NY
More about me…
Century 21 - Anita Ferri Realty

Office Phone: (845) 297-7707 Ext.: 39
Cell Phone: (845) 430-6543
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