![]() Buy Me Please! I'm on Sale Seriously. I'm Valued at ONLY K550 Million. Highly Negotiable! In my previous blog post, I discussed how You - The Buyer - may purchase real property using very little or none of your own money at all using certain little known secret techniques or strategies. However, in today's blog post, I thought I should share with you ONLY one of these little known secret techniques as a "Dronko" or "Sample" to enable you see how these strategies may benefit you in your own real estate investment efforts if and when you decide to apply them as well as consider signing up for the entire E-Course Training Series if you haven't yet done so that is. The One Technique I wish to share with you today is This -> : Using OPTIONS As A Way To Help YOU Buy Real Estate Affordably! Now, the question you may be asking yourself right now is, "What Really Is Mean't By The Term 'OPTIONS' As Used In Real Estate Investing And How May You Use And Apply This In Your OWN Real Life Situations?" Well, dear prospective real estate investor, Options are a special form and group of creative finance strategies or techniques used in the world of real estate investing to enable you - the buyer - have CONTROL of a piece of real property using ONLY very little money down or indeed any other form of consideration such as personal goods like cars for instance, even though PROPER OWNERSHIP of the said piece of property may be months and years away if ever! Note the language used here ; it is about gaining CONTROL and NOT OWNERSHIP for the time being whilst you work your way around to gain Complete PROPER OWNERSHIP of the said property in question within an agreed upon time frame with the seller. The rationale behind all this is simple. It is simply this : You - the purchaser - buying the option gives the seller a certain SMALL amount of money or indeed any other form of consideration as earlier on alluded to in one of the paragraphs above in exchange for the RIGHT to buy the seller's property at an agreed preset given price within a defined and desired time frame. BUT, WHAT THEN DO YOU STAND TO BENEFIT AS A BUYER FROM SUCH AN ARRANGEMENT? Well, dear real estate investor, you as a buyer stands to benefit by locking in the price in advance inspite of appreciation and taking control of the seller's property without putting in a gargantuan cash investment outlay or indeed any other huge form of consideration. This therefore gives you enough breathing space to organize yourself and arrange for more funds from other reasonable sources. There are about Five (5) distinct variations of the Option Strategy you may use as a buyer and/or seller of real estate. As a "Dronko" or "Sample", here is just one of these variations for your personal consumption and eventual assimilation. Read below. THE LEASE OPTION STRATEGY The lease option strategy is one of the most common and frequently used Option Strategies used by many shrewd real estate investors - both buyers and sellers - respectively! Buyers who don't have enough funds and sellers who happen to be in great urgent NEED of Cash can use and apply this same strategy in their endeavors. BUT, HOW DOES THIS STRATEGY OPERATE IN ACTION? Well, this strategy can be applied by buyers who don't have enough cash or equity. It is a strategy that entails using whatever available equity or consideration one might have at his or her disposal as Option Money whilst at the same time settling for purchase of the said piece of property later on when enough funds have been organized from other sources. If you happen to strike a good deal, the seller may give you complete CONTROL of his property as consideration for your commitment thereby allowing you to earn a little extra income through a Sub-Lease Arrangement. And this extra income you earn through a sub-lease arrangement can be saved and added on top of any other funds you organize to help you finish paying for the property in question within an agreed time frame! For instance, if you work in a stable company or rather if you own and run your own business and happen to receive a regular and steady flow of income, you may use the Real Estate Purchase Agreement or Contract to enable you source for more funds from either your employers, banks or indeed any other valid and reasonable source of funds to help you finish paying for the said piece of property in question and close the deal within the agreed upon time period. BUT, WHAT IF YOU'RE A SELLER, HOW DO YOU BENEFIT? Well, if you happen to be a seller, you benefit by first of all retaining the property as your own until such a time the buyer finishes paying for it. Secondly, you benefit by retaining the tax advantages associated with property ownership whilst at the same time locking in the sale in advance at an agreed and acceptable preset price and thirdly and finally, you benefit by getting the Option Money or indeed any other form of consideration should the buyer decide to back out of the deal. Therefore, the Option is a very powerful strategy indeed that both buyers and sellers can use should they find themselves in serious liquidity problems when it comes to buying and selling of real property! For example, I know and I've read of a number of real people that have successfully used this very same technique in their own real life situations to acquire real estate property. And their is nothing standing in your way if you wish to apply this same strategy in your own real estate transactions except yourself. You could therefore use it right this very moment to help you buy the property of your dreams! So, the next time you find the property of your liking, try to entice the seller to enter into a "Rent To Own Agreement" with you and see what happens. Remember that this is but just one of the many other strategies you could employ in your asernal of techniques. And therefore, if you haven't yet signed up for the entire E-Course Training Series on how to buy real estate using very little or none of your own money at all, then do so HERE now. You'll be glad that you did! NOTE : Looking for property to Buy, Sell, or simply to Rent, then please click on the highlighted words right in this very sentence. So, until next time, stay blessed. I love to hear your comments. Both positive and negative ones are all welcome. So, go right ahead and drop a comment below. Add Comment ![]() "I Terribly want To Buy This House!". But, Where Do I Get The Money? Did you know that many people the world over still think and believe that in order to buy real estate, a person ought to have (or rather, MUST have) a lot of money or simply have access to better and reasonable credit facilities? Still, there are other people who think and believe that in order to buy real estate, a person NEEDS to have plenty of CASH to put down on the table as a show of seriousness and commitment as well as have some form of backing from the Hard Money Lenders for security, collateral, and insurance purposes against potential future lose. To such people, I say they are entitled to think that way. After all, this is a free society. That is what they believe. Everyone is entitled to think the way they want. Moreover, there is a distinction between reality and actuality. Reality is the external appearance of something perceived by the senses whereas actuality is the true nature of a thing, universe or a situation. You see, before I had access to such priviledged real estate information, I used to think retrogressively instead of progressively. I always thought it was impossible. It was not until I bumped into such information that the light went on in my mind. And I've now decided to put these ideas I've learn't into actual practice. I've now actually embarked on a very serious journey and search for properties to buy using these same strategies I'm about to reveal to you right now! And I'm of course searching for Flexible Sellers first as my targets. The reason is simple. It is explained in detail HERE if you wish to know about it that is. These strategies actually work and are very effective as long as you have a burning desire to use and apply them to help you acquire the real property of your dreams. Moreover, so many other people the world over have used these same strategies with greater success. And therefore, if you happen to be interested in these strategies or techniques, then please simply sign up HERE and have them delivered right into your inbox this very instant. NOTE : Are you Looking for Real Estate to Buy, Sell, or Rent, then click on the highlighted words right in this very sentence for details. I love to hear your comments. Both positive and negative ones are all welcome. So, go right ahead and drop a comment below. Or, alternatively sign up HERE to start your email training series on how to buy the real property of your dreams using very little or none of your own money at all. Looking forward to hearing from you. ![]() Wow, What a Gorgeous and Luxurious Villa indeed! Where the Hell do people get the Money to build such Structures? There are several compelling reasons why any shrewd person or investor must consider Real Estate Investing as part of his or her own long term overall investment strategy. Real estate, like this investment opportunity HERE, is an investment opportunity that enables One to work Only ONCE and continue ENJOYING the financial rewards FOREVER without tying Oneself to a regular everyday JOB every time. Talk about Wealth and Time Freedom indeed at the same time! And when I talk about real estate investing, I mean 'Income Generating Real Property' as opposed to just building or rather investing in your own home where you intend to live or are currently living in. WHY? Because like Robert Kiyosaki, author of the most popular and influencial personal finance book of all times entitled "Rich Dad, Poor Dad" says and I quote him below: "Your own house that you've built and/or bought and are currently living in happens NOT to be an Asset no matter what your Banker tells You!" And I quite agree with him 100%! BUT WHY YOU MIGHT ASK?You see, dear prospective real estate investor, your own house that you currently live in is NOT really an asset no matter what your banker or anyone else advises you! It is a terrible liability! Period. BUT HOW? YOU MIGHT ASK AGAIN!Well, before I talk about what makes your own house that you currently live in as NOT being an asset, let's hear what an asset is in Robert Kiyosaki's own definition. According to him, he defines an asset as anything that puts money in your pocket to be an asset. And he defines a liability as anything that takes money out of your pocket as being a liability. However, I must hasten to state here that though in Economic terms, your own house that you currently live in, saves you quite some money in terms of opportunity costs if you happened to be renting as opposed to living in it when it comes to rental fees, it still remains a liability according to Robert Kiyosaki's definition. But, according to the concept of 'Opportunity Cost' found in the subject of Economics, your own house you currently live in, saves you money in the sense that the money you were supposed to be paying in terms of house rental fees, you're now able and free to spend it on other things or rather simply save it. Thus the concept of opportunity cost states in economics! But strictly and technically speaking, your own house that you currently live in is NOT really an asset. And this now brings me to the question of how does my own house that I currently live in NOT qualify as an asset? You see, dear prospective real estate investor, your own house you live in entails you paying monthly commitments or expenses such as electricity bills, water bills, cabbage collection bills, including various other taxes related to property such as property taxes. These by themselves do not make your own house as an asset in terms of Robert Kiyosaki's definition. They take money out of your pocket even though you may be saving in terms of opportunity costs as we've heard in one of the previous paragraphs above. That is why a person who has retired and happens to have no other regular source of income ends up finding himself or herself in financial problems because they eventually reach a point where they can no longer afford to pay for such vital monthly services due to the fact that they have no regular source of income to continue paying for such services. And this is the very reason why Robert Kiyosaki says your own house you live in is NOT really an asset. It is a terrible liability unless you happen to have other sources of incomes from somewhere like this one HERE for instance to help you continue paying for such monthly commitments. And I agree with him totally. And moreover, this is another reason why some home owners have ended up loosing their own properties to Uncle Sam, that is to say - The Local Authority or Government - due to accumulated property taxes such as land rates! The end result is that the government takes over their properties due to accumulated unpaid land rates and ends up selling their houses or real properties to other savvy real estate investors who understand the secrets behind real estate investment and indeed any other kind of investment portfolio. THEREFORE, WHAT THEN ARE YOU SUPPOSED TO DO NOW?Well, having stated the misconception and mistakes average real estate investors have and make in the world of real estate investing, real estate still remains the BEST INVESTMENT ALTERNATIVE compared to other ways of investing! When I talk about real estate as being the best investment alternative, I mean investing in Income Generating Real Estate as opposed to investing in your own home as earlier on alluded to in the previous paragraphs. Yes, investing in your own home has it's own benefits but these benefits can NEVER be compared to someone owning a piece of income generating real estate! The benefits and/or advantages are far much more better than anything else. And yes, income property has it's own disadvantages but these disadvantages cannot outweigh the advantages or benefits. BUT HOW AND WHY?Perhaps the following 5 Factors of Profitability of Income Generating Real Estate will help drive the whole point home: 1. STABLE, CONTROLLABLE AND PREDICTABLE INCOME POTENTIAL Where can you find an investment opportunity that pays and enables you to receive income in very predictable and for the most part controllable installments, month in and month out? Try of course investing in other investment opportunities like the stock market and speculate on the ability of the stock prices or even any other kind of business venture and see for yourself whether you'll receive a predictable and controllable return on your investment. With these other investment portfolios, You give up total control over your money except for going in and coming out. And sometimes with these other investment portfolios even when you attempt to come out, you may find it hard to get back your initial capital invested. But by contrast, when you happen to have a solid piece of income generating real property in place, and of course with the application of proper management controls in place, that income stream like our very own Zambezi River, just keeps on flowing in, in a predictable and controllable manner. Yes, some certain other investment opportunities have performed well and may even continue to do so. But in the order of NEEDS, housing is BASIC! Everyone needs a place to live in. You either sleep under a roof or simply under a tree!. And the fact is, No One ever wants to spend a night or day outside. 2. TAX BENEFITS When you treat your income generating real estate as a pure and strict business venture, you also happen to enjoy the tax benefits enjoyed by many other legitimate and registered big businesses. You'll have the opportunity to treat certain expenses occurring in the normal management of your property as tax deductible expenses from your total gross rental revenue or income thus giving you the chance to recoup your investment expenses. Lawful expenses such as interest on loans acquired from the hard money lenders, property taxes, insurance premiums, property management fees, advertising/marketing costs, legal fees, accounting fees, including repair costs can be deducted from your total rental revenue to enable you get back the money you spent when managing your property. 3. CAPITAL BUILD UP When your tenants make their monthly rental payments, part of this money goes to pay the interest on the loan you may have gotten from the bank, and part of it goes to repaying the principal amount. This great and unique feature entails that every payment you make causes your capital (equity) status in the property in question to improve. As the loan is being serviced, your networth also increases. This simple feature of real estate investing makes it very unique indeed. You earn cash while you slumber because someone else, that is to say, your tenant is liquidating your loan in exchange for the comfort or priviledge of using your property. 4. APPRECIATION Appreciation is one of the key advantages or benefits of investing in income generating real estate. Land almost ALWAYS increases in value due to the fact that land is a resource that is never manufactured on a regular basis but is constantly and regularly being used up or developed on a rapid rate. "They aren't manufacturing any more land" is a phrase that real property investors are fond of quoting. And I totally agree 100% with that line of thinking. Truly, there is only so much land to be developed the world over. And yet to be fair, there are times when land/real property depreciates in value. But such are rare times indeed because even though land depreciates, it ALWAYS appreciates in value in the long run as long as one has that staying power! Moreover, housing happens to be a very necessary and inevitable NEED which in the long term will result in most income generating real property to increase in value after such market downfalls. If you live in the Republic of Zambia, there are certain regions of the country where the value of real estate seems to be always appreciating at a good rate as opposed to depreciating. For instance, places like Lusaka Province, Eastern Province particularly Chipata District, and most recently the North-Western Province, Solwe District in particular where we've seen and witnessed a high level of mining activities thus making this particular region attractive to shrewd real estate investors! Therefore,the secret to success when applying this very factor of profitability of appreciation in your real estate investment portfolio, is to employ combinations of creative acquisition techniques that make it wise for you to invest in certain regions of the country inspite of a lack of appreciation. The key is to balance your real estate investment portfolio so that even if one region was experiencing fluctuations, you would still be indemnified in another region of the country where there is an unprecedented property appreciation. 5. LEVERAGE Leverage is the one most important feature or factor of profitability which makes investing in income generating real estate to be more attractive to the savvy investor. The word "Leverage" when used in real estate terms, simply means having control over a piece of real property and benefitting from it full throttle in terms of cash returns viz-a-viz rental fees even when you haven't yet finished paying for it in full. In other words, you can borrow and make use of other people's money without using your OWN hard earned money and purchase or build income generating real property which in turn pays for itself through tenants' rental fees. This very feature alone makes real estate investing highly attractive to a savvy investor. And besides that, the hard money lenders, like the banks and building societies, find it very easy to lend out money when it comes to real estate compared to any other kind of investment. If you think this is not so, try asking your bank to lend you money to invest on the stock market or to simply start out a brand new business entity and see if that will be possible without the bank asking for this or that. I'm not saying the banks can never lend you money for such investments. No. No. That's not what I'm suggesting. All I'm saying is that the hard money lenders find it easy to lend out their money when it comes to real estate compared to other investment opportunities. WHY? Because their money will be highly secured through what is known as "The Ultimate Paper Out". If you don't know what that means, then please look out for my future blog post where I shall be discussing such topics. Therefore, as you have seen and read above, real estate still remains one of the best investment alternatives available to the ordinary individual or investor. WHY? Because with real estate, an ordinary everyday person can sit on the throne of profit without having royal blood flowing through his body! In fact, real estate still remains the poor fellow's ONLY opportunity to make it big in life without having too much money in his pulse or wallet! And yet to be fair, real estate also has it's own minuses just like every other investment opportunity. But these minuses cannot be compared to the many pluses that go in tanderm with real estate investing. They are far too many to make one NOT to WANT to Invest in it. In conclusion, these Five (5) Factors of Profitability, that is to say, Stable Income Generation Potential, Tax Benefits, Capital Build-Up, Appreciation, and Leverage, still make real estate investing as one of the greatest and attractive investment opportunities available to the general masses, provided that these people have the necessary skill set and follow with extreme care an Action Plan for success in real estate investing. However, I do not have the space here in this very blog post to discuss in greater detail what this Action Plan is and how one may apply it to work profitably for himself or herself. Space does not allow me here. This is probably a topic of discussion for another time in the near future. For now, I end here! P.S : Looking for a House to Buy, House to Sell, Plot to Buy, or simply a Piece of Rental Property? Then click on the highlighted words right in this very short paragraph. I love to hear your comments. Both positive and negative ones are all welcome. So, go right ahead and drop a comment below. NOTE: Look out for my next blog post entitled "How To Buy Real Estate Using Very Little Or None Of Your OWN Money At ALL". Interested? Then check out this very space here on this very website and for an email alert from me via your personal in box. If for any reason whatsoever you're not yet subscribed to our Property E-Newsletter, then you're totally FREE to subscribe yourself HERE or via one of our website contact forms right here on this very website. ![]() Wow! What a Lovely House Indeed. I Wish I Could Rent It or Simply Buy It! When looking for a house to rent, buy or simply sell, is there a way/s of telling as to whether you’ve made the right choice and decision regarding the house/property in question or not. Very few people, that is to say, would be tenants and buyers actually take this thought to mind. In most cases people are too busy and preoccupied with issues of bread and butter to feed their families that they give little or no thought at all regarding the choice of their house whether for rent or for purchase. For those that have a little bit of time on their side, they either simply rush out in the field and start searching in order to beat this limited time they have on their side due to busy work schedules and in the process end up making costly blunders resulting in them loosing and regretting afterwards! And in most cases, people choose to search on their own in order to avoid the service charges associated with engaging real estate agents. And they are right! WHY? Because there are so many illegal and unscrupulous real estate agents out there in the world whose sole agenda on their mind is to make a quick buck out of their clients in terms of viewing fees and other service charges. At the same time, there are those people that do have a little bit of money to spend, value their time greatly and therefore have no problems whatsoever engaging the services of real estate agents. To these kinds of people, money is not an issue. They can spend it the way they want without giving any serious thought about it. However, the ONLY potential problem they are likely to face is finding the WRONG kind property whether for rent or purchase. Therefore, whether you happen to have a lot of money to dish out to real estate agents or have a lot of time at your disposal to do it by yourself or have a combination of both, what are some of the ESSENTIAL things you must look out for when searching for a house to rent or rather a piece of property to buy? Well, here is a list of the Five Essential Things You Must Always Look Out for when looking at and Assessing a Piece of Restate Property: 1. The Plumbing Section of The House: When I talk of the plumbing section of the house, I’m simply referring to the piping without irritating leakages, bathroom and the toilet areas. These are the areas that make a woman proud because cleanliness starts from here. And inversely these are the same areas that make a woman influence his man not to rent or buy the house in question. 2. The Kitchen Area: Again this is the woman’s pride. Make sure the kitchen is at least spacious and nicely done. That is to say, the kitchen has nice cabinets and cupboards. And is nicely painted. 3. Electrical Fittings: This is also another crucial area to look out for when searching for a house to rent or buy. The electrical fittings must be safely fitted to avoid any shocks and uncalled for sparks. This also makes it safe for the children as well as everyone else in the whole house. 4. The Yard and/or Surroundings: The yard and/or surroundings of the house or property in question must also be kept nicely and neatly. No one ever wants to live in a dirty environment. Everyone desires to live in a very clean and serene environment. 5. Security: Is the house or property in question situated in a secure neighborhood where there is at least little or zero crime incidencies. No one wants to have their valuable property stolen overnight after having worked so hard for it for such a long time. And if the house is situated in crime prone areas, has it been properly secured to help deter or prevent unauthorized access or would be criminals from carrying out their missions? This would normally involve having a wall fence, security surveillance cameras, and heavy security personnel presence such as the police. As you can probably see from what you’ve read so far, these few five points can go a long way in helping you save time, money and your valuable possessions in the long run. And apparently, these are the same key points to remember when you find yourself in a situation where you have no option but to engage the services of a real estate agent. Ask the agent questions related to these very five key points before you commit yourself to viewing the said piece of property in question. This list is not conclusive but is just a summary to help you make the right choice and an informed decision regarding the property at hand so you don’t live to regret your actions later and therefore make you want to sale or move out of the said house in question within a short space of time. What you want is to at least stay there for a while or even for ages if you so wish! NOTE: Looking for a House/Property to Rent, Buy and/or Sale, then click the highlighted words to have a look! I love to hear your comments. Both positive and negative one are all welcome . Therefore, go right ahead and drop a comment below. Many of us dream of owning our own home, farm, virgin land or simply any other kind of real estate property but find it quite problematic or expensive to do so. Owning a piece of real estate starts and ends in our dreams. We never visualize ourselves owning property. And for those of us that do, we find ourselves with little or no money at all to afford to buy the property of our dreams. Therefore, what is someone supposed to do in this case? Well, here is my recommendation: buying or investing in real estate requires a series of interrelated skills. Finding properties where one can bargain or negotiate properly and effectively is one of the most important of these skills- in many ways the most important. The crucial point to remember when looking for properties on sale is to learn to develop your ability to identify sellers who are highly motivated to sell – who must sell- as opposed to those for whom it would be desirable and useful to sell. Therefore, if you want to buy or invest your hard earned money in real estate, the first thing you need to do is to find the right kind of seller and then the right kind of property. Infact, clever buyers or clever real estate investors tend to look first for the motivated sellers before they go too far in analyzing the properties. But the next logical question you may be asking yourself is, “Who really is a Motivated Seller?” Well, Motivated Sellers go by a variety of names such as flexible, anxious, “don’t wanters”, etc. These are people who want to sell their real estate property or holding so badly and as fast as possible that they will be very flexible in price and/or their terms and conditions. But they all have one thing in common: they want you to solve some major problem for them. It might be that they are being transferred and must therefore hurry and sell. Or they might have personal problems such as a serious illness or a divorce that is forcing them to sell. Alternatively, they may be motivated by financial pressures or find income-property ownership not to their liking. Whatever their reason, you can appear to them and negotiate a good deal with them using this piece of intelligent information you have garnered about them! The opposite of these Motivated Sellers or Flexible Sellers as they are sometimes called are known as Inflexible Sellers. These are sellers who are not in a hurry to sell and are so rigid in their terms and conditions that they are not willing to bargain or negotiate. These are actually sellers who must be avoided at all costs because they might end up selling you property at an exorbitant price which you may live to regret afterwards. Try by all means in the first place to locate or identify flexible or motivated sellers of property. The trick is to be persistent in your search efforts. If you cannot find these flexible sellers on your own, then try to engage the services of reputable real estate agents to assist you. There are so many reputable real estate agents out there. Key Points To Consider When Looking For Flexible Sellers of Real Estate Property: 1. Great real estate deals come from a small percentage of sellers. 2. Locating or finding the right sellers is as important as finding the right property. 3. The more you know of a flexible seller’s true motivation or his true reason of selling property, the better chance you’ll have of concluding a good deal with him. 4. Seller Flexibility could be a sign of something wrong. Make sure the property you are looking at doesn’t have any problems or complications before you actually close the deal. 5. Flexible Sellers can be found in a variety of places, some easier to discover than others: For instance Newspaper Classified Adverts ; and the other latest source these days regarding where you can find such sellers is the 'Internet' like this very webpage for example! 6. As a real estate buyer or investor, you are a problem solver. As you solve the flexible seller’s problem, you’ll be benefitting both of you. P S : Want to Buy, Sell or Rent a Piece of Real Estate Property, then click the highlighted words for details!! Buying an excellent piece of real estate can be quite expensive especially if that property is of your liking. In reality, the best real estate deals are usually costly. If a person doesn't have enough money, the Only real estate deals left available to one, are often deals that people with excessive cash have passed on. Therefore, what then are you supposed to do if you happen to find yourself in such a situation? Well, dear prospective property buyer or seller, may be the following Top Ten Hot Negotiating Tips might be of great help to YOU. I actually learn't these tips from a person named Sue Waddington. They blessed my heart when I first bumped into them. And I strongly believe that you'll find them beneficial as well. Here then is a full and detailed explanation of the top ten hot negotiating tips for your own consumption and eventual assimilation below. INTRODUCTION Everyone uses negotiation tactics to get what they want, whether they ‘ re haggling over the price of an item in a car-boot sale or discussing potential salary with a future employer. Most of the time, when you enter a negotiating situation you can expect the other party to use certain manoeuvres to tip the scales in their favour. For example, you can expect a potential employer to offer you less money than they are actually willing to pay to give themselves negotiating room. And a buyer will usually act surprised at your stated price, no matter how reasonable it may be, to pressure you into lowering it. Everyone uses these tactics, but that doesn’t mean that negotiations can’t be fair. Some tactics are acceptable, while others are downright sleazy(immoral). Tactics are part of the process, and you can use them and still maintain your negotiations on an honest level. In other words, the use of tactics doesn’t necessarily mean tricking or manipulating people. Some tactics are simply tools to expedite(speed up) the negotiation process ; whilst others are used to take advantage of the other person. To be successful in sales and in business, you must be able to differentiate between the fair and unfair negotiation tactics so you can use the good ones to your advantage and deflect the questionable ones. Consider the following ten negotiation tactics and how to deflect them and/or defend yourself against each and every one of them. Tactic Number 1: The Wince |