In the recent economic slump, everyone is trying to save as much money as he possibly can.
Saving money in a purchase means having discounts- which in turn- means negotiating with the seller.
There are some people who are born with the flair for negotiation.
The rest of us can learn these skills and use them to our advantage, especially while closing a deal.
First of all we must realize that bargaining is an art and it is perfectly normal to haggle over the price of a desired piece of property.
Here are some innovative tips that will provide you with an idea about how to get the best bargains.
Shed Away Your Shyness Many people think that wrangling over the price of a property is bad form.
It's simply not true.
As I told you earlier, there is no point in feeling shy about bargaining.
There is an old saying that nobody will know until you tell them.
Open your mouth and ask for a deal.
If you don't ask you are never going to get one.
Be Reasonable Bargaining means that the buyer and the seller must arrive at a price that is acceptable to both.
The seller gets his profit and the buyer gets his goods.
Keeping this in mind, offer a price which is reasonable.
You should not quote an amount which is way below seller's initially offered price.
If the seller is offended by your counter offer, forget about getting a discount Talk To The Right Person In a departmental store or a supermarket, not everyone is authorized to offer a discount.
Same is true when you are purchasing a property.
If you keep haggling over a piece of clothing with a broker or an agent, eventually, it won't get you a discount.
Talk to the right person for a discount who- more often than not - is the owner of the property.
If the initial offer is good, accept it If the price offered for a certain piece of property is good enough, embrace it.
If you haggle over everything, it will create a bad impression of you and you might lose chances of getting discounts on other properties later.
Offers That You Can Refuse Don Vito Coreleone made an offer to Jack Woltz that he couldn't refuse.
You can.
If you waste a lot of time haggling over a single piece of property, it will give the false impression to the seller that you have made up your mind to buy it.
This awareness will make his stance more rigid.
Do not give such an impression to the seller.
He must know that you can - and will- walk out if you don't get your desired price.
It's Nothing Personal It is perfectly normal to be turned down or refused a discount.
Its business as usual, not a personal offence against you.
Perhaps the seller just can't afford to give you a discount.
After all he has his own priorities.
Be your amicable self, thank him and walk out.
Life does not end there.
You might get a discount in another bargain.