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Article source: http://www.fsboamerica.org/. Used with authors permission.
Selling your house yourself can be intimidating if youre doing it the first time. Heres how to deal with unpleasant negotiators.
Unpleasant Negotiators
Sometimes you encounter someone who is not going to be happy unless he maneuvers you into accepting less than your home is worth or doing things for his benefit that are unreasonable. Then what? Well, first lets discuss the most common forms these nasty types take and then well talk about what to do with them.
One frequent form the unpleasant negotiator takes is the person who tries to intimidate you and disparage your property. Red flags should go up if someone works hard at trying to get you on the defensive. Im not talking about an occasional negative remark. What Im talking about is a whole string of them and the attitude that goes with it. Even if its cloaked in the appearance of classic good manners and charm, youre dealing with a rascal.
The second typical form an unpleasant negotiator takes is the nibbler. You think negotiations are over and that the two of you have come to a mutually acceptable agreement. Then at various points as you progress toward completion of the sales process, the other person nibbles. They usually pretend they had no idea that the carpet needed to be stretched, the roof needed to be replaced, the crystal chandelier in the dining room did not convey, or fill-in-the-blank, and use that as an excuse to change things. This process can and does continue right up to the point of settlement or the point the deal falls apart, whichever comes first!
The Walk-Away Secret
Sometimes you get these two nasty types in one negotiator, but dont despair. You can cope with them. The first thing you need to do is to stay in a calm, evaluating frame of mind. At each step along the way, ask yourself, Is this reasonable? Am I willing to do this in order to make a sale? Proceed as long as the answer is yes.
Be willing to walk away if the answer becomes no. I cannot over emphasize the power of being willing to walk away from negotiations. Dont read that phrase too quickly. Be willing to walk away. It is one of the strongest negotiating tools on the planet. Its simple. It does not require being nasty. However, what it does require is that you not consider your home sold (or bought, for that matter) until all negotiations are really over.
Think about it. You put yourself in a losing posture with a nasty negotiator the moment you emotionally consider your house sold. So long as youre willing to walk away, you have power that is as strong as the buyers wish to buy. If such a deal blows up, so be it. You werent going to get what you wanted from it anyway.
Now, a word about nibbles. There is a civilized way to cope with this. Dont hop into doing it until you really feel it is a nibble or you become a nasty negotiator yourself. However, a nibble can be dealt with by inquiring blandly, If I do that for you, will you do fill-in-the-blank for me? Your goal is to convey to the nibbler that each successful nibble will cost him something. Make it something significant relative to the nibble request.
If you dont think fast on your feet, you can always say, Ill get back to you on that. Dont allow yourself to be rushed if you think best when you mull things over.
Stay calm and thoughtful. No one can force you to make a sale or purchase thats not in your best interest. Keep evaluating the situation, and stay open to the possibility that you may need to walk away until the sale is complete. That way you wont force yourself to do whats not in your best interest either. Its not easy, but its very simple. Stay in control of yourself. Raynor James is with http://www.fsboamerica.org - providing FSBO homes for sale by owner. Visit our sell my home page at http://www.fsboamerica.org/seller.cfm to list and sell your home for free for one month. Visit http://www.fsboamerica.org/buyer.cfm to see homes for sale by owner.
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