Real Estate Blog

Negotiating is a skill we all need at some point in our lives.
Whether negotiating for a home purchase or deciding what you and your partner
will eat for dinner, there’s one true end-goal when negotiating; finding unique
solutions that feel like a “win” for everyone involved. On Episode 5 of The Relentless, Dr. Gurner talks with Andrew
Brandt, a nationally-recognized accomplished sports executive, about the
subject of negating and how to obtain those wins. Andrew has spent over 25
years of his career negotiating as an agent for professional athletes, so you
could say that effective negotiating is one of his super powers.

Adam believes the skill of negotiating can be taught for some and more innate for others. The fact remains, when negotiating, stakes and emotions are often high when multiple parties are trying to reach a solution. One way to prepare, Andrew says, is to go into negotiating with a plan. Try and listen what the priorities are so you can handle the other party’s expectations of the outcome and the expectations of what you can deliver. When in the process of negotiating, you are developing a unique relationship with the other person. The uniqueness is, you both need something from each other, which can create a tension. This tension can be worked through with patience, communication and understanding.

Becoming a Skilled Negotiator image 1

Key Takeaways:

  1. Listen
    and hear-
    What are the priorities? What are you hoping to gain? What is the
    other party hoping to gain? Active listening, throughout the negotiation
    process, will help both parties remain focused on reaching an agreement that
    works for all who are involved.
  2. Exercise
    emotional control
    – While the conversation may be intense, exercising a
    level of emotional control will help keep the conversation goal oriented.
  3. Focus-
    Focus is key in negotiating. When trying to reach an agreement with another
    party, there may be points throughout the process where things become
    challenging. Remain focused on the goal, and when you feel yourself wanting to
    walk away or become upset, refocus.

More from this
episode

Whether you consider yourself an expert or a novice in
negotiating, this episode is full of tactics to help you navigate through
negotiating contracts for your clients, or in your day to day life. Catch more
from Andrew Brandt on this episode of The
Relentless
.

Join the conversation. #century21pod