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Negotiation

By Peter P follow Peter P   2007 Mar 22, 2:02pm 16,914 views   288 comments   watch   nsfw   quote   share    


Let's talk about negotiation. When it is time to make your home-buying offer, how will you approach the game? What techniques will you use? What will you do to close the deal in your favor?

Some say that win-win is not only possible, it is preferable. However, when it comes to a financial transaction, it is hard for everyone to be happy realistically. Someone must lose something. Or that someone must not have full information. Or that someone is self-delusional. What is your take on this?

What are the best ways to breakdown your opponents within the bounds of law? What mind games are the best?

Be creative! But please respect the law.

Peter P

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281   DaBoss   ignore (0)   2007 Mar 24, 2:03pm     ↓ dislike (1)   quote   flag        

Malcolm, I think you will be much safer in SD then many in the BA.
SD may have less of a correction than BA, not as deep as the north.

There are people that dont believe in the bubble and they never saw downturns and dont understand how or why they happen.
They are not stupid people, infact very educated, just jaded!
Many are from other parts of the nation so they expect to pay higher
prices. They are so brainwashed by realtors... they are beyond reasonable repair. A deep correction will be nice 'shock treatment' for them.

282   Malcolm   ignore (1)   2007 Mar 24, 3:33pm     ↓ dislike (1)   quote   flag        

if rates in 1998 were in the 10% …

For your future reference, the rate was 7% pretty much standard. 30 year fixed rate.

Your timing of 2009/10 is right in line with my thinking.

283   Malcolm   ignore (1)   2007 Mar 24, 3:42pm     ↓ dislike (1)   quote   flag        

Space, that's an interesting notion, but I see the opposite. San Fransisco has consistently been more expensive than San Diego, and you guys up there have a severe space shortage. As depressing as all the development has been we still have lots of space to build.

284   DaBoss   ignore (0)   2007 Mar 24, 4:11pm     ↓ dislike (0)   quote   flag        

SF yes... but the city has had more construction over the past few years now..
Lots of towers going up and new develpment in many pockets of the city., I t was surpising to me as well.

South Bay - not the same story since there is plenty of land and rezoning very easy since we have so many vacant commerical land since 2000. Where you had Anti-Growth city ordiances now development is welcomed.

As I recall Socal is the one with more expensive homes... infact I recall reading how NoCal cities surpassing prices in 2001-02 from CAR web site.

I must say San Diego would be much nicer than Palo Alto... or even Santa Barbara better than places here .... yet prices did surpass without much real reason.... I mean were do I park my yaht??? We dont even have a Ferrari store around here...

285   ozajh   ignore (0)   2007 Mar 24, 9:56pm     ↓ dislike (1)   quote   flag        

Malcolm,

In case you didn't know, 'the city' in Different Sean's case is Sydney, Australia.

286   Malcolm   ignore (1)   2007 Mar 25, 12:59pm     ↓ dislike (1)   quote   flag        

I was in Tijuana a few weeks ago, and I can tell you, that is a city on the verge of a famine if there is any disruption to their water. That is absolutely a disaster waiting to happen. Their infrastructure is literally at the breaking point.

Thanks for the update on Pt Loma, nice to talk to someone who knows of what they speak. The EPA had given San Diego a waiver on the untreated sewage because it goes quite far out but I guess you have done some current research on the issue. I don't share your concern on the aquaduct. I don't really know how you can do more than disrupt it with anything smaller than a nuke. I would think no terrorist damage could do more than a week's worth of work to one of those. They are actually pretty amazing structures. Miramar, Lake Hodges, and San Vicente can easily sustain us for months on their own with drastic rationing.

I do agree on a desal plant. I'm surprised we don't just build one next to San Onofre but I suspect there already is one there for the base. In any case, it is the logical way to go, and when it is all done it would shut a lot of people up. I'm a little tired of constantly living with some political crisis like we are going to run out of water.

287   astrid   ignore (0)   2007 Mar 25, 5:23pm     ↓ dislike (1)   quote   flag        

Everybody in CA is stealing water from the ocean.

288   DaBoss   ignore (0)   2007 Mar 27, 9:49am     ↓ dislike (0)   quote   flag        

What percentage of asking price qualifies an offer as a “lowball?”

=

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