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Noa Sheer

๐Ÿ‘ค Speaker
324 total appearances

Appearances Over Time

Podcast Appearances

The Prosperity Project
Negotiation tactics that actually work

The third approach is the one that carries the least risk and the one that maybe you're talking about in terms of your own personal style.

The Prosperity Project
Negotiation tactics that actually work

That is the interest-based approach to negotiation.

The Prosperity Project
Negotiation tactics that actually work

And lots of books cover this, but I don't think they do it well because there's never a step-by-step process.

The Prosperity Project
Negotiation tactics that actually work

It really is a two-step process if we think about it.

The Prosperity Project
Negotiation tactics that actually work

We must identify the interests of the other party, the real drivers and motivations.

The Prosperity Project
Negotiation tactics that actually work

And

The Prosperity Project
Negotiation tactics that actually work

And then we have to tie our request or our suggestion to that interest.

The Prosperity Project
Negotiation tactics that actually work

So you have a problem or there is a concern or there is something that's driving you.

The Prosperity Project
Negotiation tactics that actually work

What I'm suggesting is a solution to that.

The Prosperity Project
Negotiation tactics that actually work

Yeah, it's funny you should mention that because I've been working with real estate agents a lot in the recent past and still.

The Prosperity Project
Negotiation tactics that actually work

And my cousin actually reached out the other day to say, we've got an offer on our house.

The Prosperity Project
Negotiation tactics that actually work

How do we approach this?

The Prosperity Project
Negotiation tactics that actually work

Because we want a larger offer.

The Prosperity Project
Negotiation tactics that actually work

They've just given us the bare minimum.

The Prosperity Project
Negotiation tactics that actually work

Of course, there's always going to be a clash when we're negotiating over one item, which is price.

The Prosperity Project
Negotiation tactics that actually work

It's going to be very hard to pitch anything as in the interest of the other party because obviously this is a zero-sum game.

The Prosperity Project
Negotiation tactics that actually work

So when we want to use the interest-based approach, I've brought with me a whole planning book.

The Prosperity Project
Negotiation tactics that actually work

There is a process that I use, and this is what I call technical negotiation skills.

The Prosperity Project
Negotiation tactics that actually work

No longer soft skills.

The Prosperity Project
Negotiation tactics that actually work

Now there is a process with step-by-step tasks or prompts to make you really think about how to create that win-win outcome or the solution that will really appeal to the other party that gets you what you want.