Negotiations

Pre-negotiation Plan Case: Buying a House – bureau of a buyer____________________________________ Who be the participants in the negotiation? The two principal(prenominal) participants in the negotiation willing naturally be the trafficker of the residence and the buyer. I am the buyer but may call to my husband when necessary. What is the situation? I am in a situation where I need to purchase a single family home in my price range which is among $220,000 and $234,000. What is the origin for the negotiation? Each person has something the other wishings; I postulate the bills and the seller has the home. The reason for the negotiation is to reach a price agreement that both parties will be delighted with. I, the buyer, need to get the best bargain possible for my capital while at the same time the seller wants to break-even or preferably profit from the sale. What be the issues for you in this situation? In this particular scen ario I am concerned with staying within my budget. I also want to be sure that the price that they atomic number 18 trying to get me to pay is similar to other homes in the neighborhood. What might be the issues be for the other society(s)? There are several issues that could be a factor to the other party when negotiating their price.

They will certainly keep in mind the look at that they paid for the signboard originally and probably increase it for the heart of profit they wish to receive. Also considering some past remodeling or future purchases may be an issue. . What is your BATNA(s) and why? If we can’t reach an acceptable deal then I will consider other ! homes on the market in the area. What is your feat Point and why? My Target Point is to buy the nursing home at $229,365.50 because that is the average price for the surrounding market and is at the lower end of my budget. What is your Reservation Point the house at and why? My Reservation Point is $232,000 because any price supra $126 per square foot would be way over market...If you want to get a full essay, order it on our website: BestEssayCheap.com

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