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There are very few absolute 100%-of-the-time rules in price negotiation. There are things with low probability of success. I would offer this advice to all sellers; never be angry about an offer. The buyer just said "I will buy", which is a step in the right direction. Quote:
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That?s just wrong! I don?t blame you for being upset. |
I had two buyer's show up at the same time. I previously had given both time slots however buyer 2 showed up a few minutes ahead of buyer 1. Within minutes, buyer 2 said he would take the airplane. Well, buyer 1 also wanted the plane so I honored his #1 position and sold it to him. A very uncomfortable situation.
On another transaction I had two buyers interested, one from Canada and the other stateside. The Canadian buyer was willing to purchase sight unseen as long as the aircraft complied with Canadian airworthiness requirements. The second buyer was also a cash buyer. The Canadian sent me photos of his beautiful dog, meticulous hangar, and sports car. No doubt he would have been a great caretaker of the plane, however, I chose the other buyer. I felt bad about this but it boiled down to making a timely and uncomplicated transaction. Later this month I will be listing another aircraft for sale...I really hate this process! But maybe this will be the last time I have to do this...maybe??? |
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"It Never Hurts To Ask."
Quite a while ago, I did some business with someone in the entertainment industry. The details don't matter. What matters is the lesson I learned.
The other party made a very lowball suggestion and saw by my expression that it had been the wrong thing to ask. That party then defused the issue by simply noting that "it never hurts to ask." I thought about it for a few minutes and decided not to walk, as I was thinking I ought to. We ultimately did come to a deal that was mutually satisfactory, and as a result, some excellent stuff got released. After that incident, I didn't take offense at things people suggested while a deal might be pending. Didn't mean that I always played it the same way or that we always ended up doing business, just that it was one thing to consider while playing that game. Dave |
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1. Do unto others as you would have them do unto you; 2. Do unto others as they do unto you; or 3. Do unto others before they do unto you. I simply choose the first option. |
i bought a used atv yesterday. asking $2000. i offered 1700, seller said i'll take 1800. sold. what laid back seller. no offense taken.
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Comments please
I?ve never tried this but i will someday until then i think i like the idea. When asked for lowest acceptable offer I say to the buyer ? tell you what, I?ll write my lowest acceptable selling price and you write your highest buying price and we trade pieces of paper and if you are higher than me we split the difference. If you are lower we both walk.?
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I recently received a very low ball offer on my airplane via email. I just replied, "Good luck in your search."
I've been watching other For Sale websites on the -12 for several months. The market does appear to be going soft and beginning to see repeat ads and price revisions. A friend whom owns an import auto service center said he as seen a recent drop-off in business and thinks it may be related to concerns over the economy / political climate. He may be right! |
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