Negotiation is a soft skill that might just be one of the most important skills you will ever learn. For this Discussion you will need to view the videos below to prepare for the rest of the Assignment. MonkeySee. (2009 August 5). How to Negotiate. Retrieved from http://monkeysee.com/how-to-negotiate/ MonkeySee. (2009, August 5). Powerful Negotiating Techniques. Retrieved from http://monkeysee.com/what-are-some-powerful-negotiating-techniques/ MonkeySee. (2009, August 5). Practicing Negotiation Skills. Retrieved from http://monkeysee.com/how-can-i-practice-negotiation-skills-that-let-both-sides-win/ Now that you have a little information about how to negotiate, first discuss three concepts that interested you from the videos. Then describe a situation in which you recognized that you entered into a negotiation with another person. How did this go for you? If it went well, describe the tactics you used that contributed to the success of the negotiation. If it did not go well discuss the issues you now recognize that caused this outcome. Remember that negotiation should be a win-win situation. Now go practice this skill and return later in the week to discuss the skills you learned by telling us about the situation, other than purchasing an automobile,the actual negotiation that took place, and how what you learned contributed to your ability to effect an outcome. Also comment on one or two other student responses by giving tips that they might be able to use in the future.
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Thispaperdescribes the negotiation between two parties that are house owner and buyer for deal the house.Related to this negotiation related information is advertised price was $169,000 means house owner wants $169,000for rooms to be painted, money for new floors, seller paid closing costs, but the buyer want negotiation to finish the deal at $145,000.On the basis of the videos related the negotiation, the three important concepts related to negotiations isfully prepare, power to walk away, and setting aside (MonkeySee, 2009). In the practical life all three concepts;‘fully prepare’, ‘power to walk away’, and ‘setting aside’ are essential, important or necessary part of the business negotiation.
In this negotiation situation, the both parties firstly full prepared self through collected the information related to house price of market and features of house. Fully prepared self for the negotiation through collected all the necessary information related to deal is the important aspect for each party. Related to power to walk away conceptmeans the buyer conduct inquiries with the other parties or house owner regarding the market value or price of market and then buyer negotiate with owner regarding the price of………………………………………………………………………………………………………………………………………………………………………………………………………………………………….
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