"Onward Negotiation"

hazyjo

Come on here mate, ask us what to offer if you think you're likely to go in too low. No charge.

Freecall

peterhjohnson wrote: »

I'm guessing - Property on the market at (say) £250k. You could:

1. Pay £250k OR
2. Use an Onward Negotiator who gets it down to £240k. You have saved £10k. Onward Negotiator charges you (Guess) 10% = £1k

What a cunning business idea.

I should get that on Dragon's Den asap.

Just a couple of details.....

SpiderLegs

peterhjohnson wrote: »

For you or me, possibly no difference:) However, Mr Average might offer £245k. The "onward negotiator", being more canny might first offer £235k before settling for £240k:T

My god this is genius. Where do I sign up?

peterhjohnson

eddddy wrote: »

Looking back at your previous post, you seem to say that you are a good negotiator:
https://forums.moneysavingexpert.com/discussion/comment/76360295#Comment_76360295


Is it that you're seeing "Onward Negotiation" as a business opportunity for yourself?

Nope. I have run several businesses and I certainly have some practice at negotiation but there are many people without that experience. The firm of Estate Agents I linked to in my original post obviously see a business opportunity in widening the usage their experience/ability to help those with less ability - albeit at a commission.

peterhjohnson

hazyjo wrote: »

Come on here mate, ask us what to offer if you think you're likely to go in too low. No charge.

Thank you. Not A Lot Of People Know That :rotfl:

[Deleted User]

This is a service I offer to my clients if they want to take me up on it. I have a lot more experience than a lot of people in property and have good working relationships with a lot of EA around the area. I personally feel that I can put my clients offer across in a good light and the Estate Agents generally know that if im involved then there is a good chance of it going through as I am constantly available to answer clients questions and stop them from worrying about things they dont need to worry about (poor communication between parties collapses far too many transactions)

I got a £315k property for £287k recently. Clients didnt even think of going that low but I helped them with the comparables and convinced them it was overpriced.

So i agree that this is a service that a lot of people can benefit from.

Charging for it though?? Craziness! Its just something to distinguish from all the competition, not an extra service to charge for

kinger101

peterhjohnson wrote: »

Nope. I have run several businesses and I certainly have some practice at negotiation but there are many people without that experience. The firm of Estate Agents I linked to in my original post obviously see a business opportunity in widening the usage their experience/ability to help those with less ability - albeit at a commission.

It's an estate agent looking for gullible people. Offering £240,000 takes precisely the same amount of ability as £250,000. Personally, I'd never sell with an agent that offered this service. It speaks volumes about what they think about their clients.

hazyjo

peterhjohnson wrote: »

Nope. I have run several businesses and I certainly have some practice at negotiation but there are many people without that experience.

It's hardly a Moroccan souk though is it!

It's like the people getting stung (one on here recently) paying unnecessarily for 'property finders' and the like.

You've thrown the idea of this service out there, we've all said don't bother - or at least certainly nobody should pay for it - but it still seems like you're trying to defend, praise or maybe even plug it!