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Effective Negotiating for Real Estate Professionals |
| Course Credit:
Counts as one of the three designation courses required for the
Performance Management Network Designation. This is a new curriculum
course and will satisfy the designation transition for current LTGs. This course also counts as one REBAC elective course to be applied towards the ABR® designation. | |
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Course duration: 1 Day |
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Effective Negotiating for Real Estate Professionals Course Objectives |
In this course, we will be examining the main types of negotiating. As a result of completing this course, you will be able to:
Differentiate between the main negotiating practices
List specific steps in the Positional Bargaining and Value Negotiating processes
Select the appropriate negotiating practices based on specific negotiating circumstances
Apply processes of positional bargaining and value negotiating during role playing activities and case scenarios
Identify factors that could lead to impasse
Overcome barriers in a negotiation that otherwise would lead to impasse
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Effective Negotiating for Real Estate Professionals Course Outline |
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Module 1: Overview of Negotiation: Why People Negotiate |
Why people negotiate
When the other side wonít participate
Types of negotiating
Introduction to positional bargaining
Introduction to value negotiating
Settings for negotiations
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Module 2: Positional Bargaining |
What is positional bargaining?
Process of positional bargaining
Preparation for positional bargaining
Participation in positional bargainers
Evaluation of positional bargaining
Risks of positional bargaining
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Module 3: Value Negotiating |
What is value negotiating?
Process of value negotiating
Preparation for value negotiating
Participation in value negotiators
Evaluation of value negotiations
Risks of value negotiating
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Module 4: Breaking Impasse |
Decision makers in a negotiation
Negotiations by a representative
Difficulties individual styles can bring to the negotiations
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Toolkit |
Interest based negotiations worksheet - client
Interest based negotiations worksheet ñ other representative
Interest based negotiations worksheet - others
Journal entries
Preparation for value negotiating
End of outline