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What's Your Negotiating Style?

By
Real Estate Agent with Diamond Partners Inc 00244377

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? 

 

Posted by

_____________________________________________________________________________

Carol Culkin - REECENICHOLS REAL ESTATE

Carol Culkin - Licensed Real Estate Salesperson for ReeceNichols Real Estate, is your source for real estate in Overland Park and the bordering cities of Leawood, Olathe, Mission, Miriam, Lenexa and Shawnee, Stillwell and Spring Hill. Carol has been ranked as an award winning agent and offers her clients over 10 years of real estate experience.

PROFESSIONAL AFFILIATIONS, DESIGNATIONS AND COMMUNITY INVOLVEMENT:

Member of National Associations of Realtors®, Member of Kansas Associations of Realtors®, Member of Kansas City Regional Associations of Realtors®, Member of Heartland Multiple Listing Services, Accredited Buyer's Representative (ABR), Seniors Real Estate Specialist (SRES), Red Cross Volunteer - Greater Kansas City Chapter, Supportor of Cross-Lines Community Outreach.

 
 

ReeceNichols Real Estate

8001 College Blvd Suiite 100

Overland Park, KS 66210

Office: (913) 451-4415
Cell: (913) 333-8310
   
 http://www.overlandparkhomelocator.com/  
 

                                 

 

Comments(7)

Jim Crawford
Long & Foster - Fredericksburg, VA
Jim Crawford Broker Associate Fredericksburg VA
That is an easy question...have enough information and knowldge that you can take hostages.
Apr 26, 2008 01:43 PM
Brian Kreick
Willinger Real Estate - Wenatchee, WA
Listen to talk radio.  I learned several skills listening to the host.  The hosts are professional debaters and can switch anything around.
Apr 26, 2008 01:58 PM
Linda Lipscomb
Linda Lipscomb RE/MAX Lexington Henderson County TN - Lexington, TN
731-695-1118, Lexington TN Homes

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

Apr 26, 2008 02:21 PM
Darleen McCullen
Raleigh, NC
Broker - Raleigh, NC Real Estate

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.

Apr 26, 2008 02:49 PM
Gary Woltal
Keller Williams Realty - Flower Mound, TX
Assoc. Broker Realtor SFR Dallas Ft. Worth
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.
Apr 27, 2008 09:24 AM
Denise Allen
Resh Realty Group - Chesapeake, VA
Realtor@ Chesapeake, Hampton Roads

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

Apr 27, 2008 09:39 AM
Barb Overmann
Keller Williams Realty - Lugoff, SC
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.
Apr 29, 2008 08:38 AM