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Updated about 10 years ago, 11/20/2014

User Stats

186
Posts
81
Votes
Shane W.
  • Professional
  • Santa Monica, CA
81
Votes |
186
Posts

Negotiation Book Recommendations

Shane W.
  • Professional
  • Santa Monica, CA
Posted

Hi guys,

Just looking for some books to master the art of negotiating.

Any suggestions?

Thanks.

User Stats

203
Posts
93
Votes
Bryan R.
  • Tacoma, WA
93
Votes |
203
Posts
Bryan R.
  • Tacoma, WA
Replied

The classic:

https://en.wikipedia.org/wiki/Getting_to_Yes

User Stats

147
Posts
129
Votes
Brian Larson
  • Investor
  • Redondo Beach, CA
129
Votes |
147
Posts
Brian Larson
  • Investor
  • Redondo Beach, CA
Replied

Hey Shane,

I have never read any RE only negotiation books but have been in sales for a while and some of these books have been good. The main thing you will learn is that preparation is huge.

Know what your objective is (buy the house at a certain price, get an option to purchase, etc), List the issues that will prevent that (seller wants too much money), List the motivation for them to do what you want (divorce, inherited, etch), have a list of questions for them, question that they might bring up and then a list how you will address any of their concerns.

Sorry... end of rant. Here are the books

Challenger Sale - Dixon/Adamson

Crucial Conversation - Patterson/Granny

Solution Selling - Bosworth (really helps you identify type and extent of customers pain)

I hope that helps

brian

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User Stats

186
Posts
81
Votes
Shane W.
  • Professional
  • Santa Monica, CA
81
Votes |
186
Posts
Shane W.
  • Professional
  • Santa Monica, CA
Replied

@Brian Larson ha! Not a rant just great fundamental advice!

User Stats

83
Posts
19
Votes
Greg Baker
  • Rochester, NY
19
Votes |
83
Posts
Greg Baker
  • Rochester, NY
Replied

I heard this book recommended on a podcast I listened to today. It was show 32 or 33.

http://www.amazon.com/Trump-Style-Negotiation-Powerful-Strategies-Mastering-ebook/dp/B000SEJ7DY

Good luck!

User Stats

6,088
Posts
3,919
Votes
Brian Gibbons#5 Guru, Book, & Course Reviews Contributor
  • Investor
  • Sherman Oaks, CA
3,919
Votes |
6,088
Posts
Brian Gibbons#5 Guru, Book, & Course Reviews Contributor
  • Investor
  • Sherman Oaks, CA
Replied

To do terms deals, it is more subtle than the strong arm approach, and having all the objections covered.

NLP is really helpful in negotiating.

To get a seller to carry a note or do a lease option, listen here, you can download a mp3.

http://form.jotform.us/form/43214149481149

Best wishes,

Brian

User Stats

504
Posts
395
Votes
Joseph Ball
  • Residential Real Estate Agent
  • Groveland, FL
395
Votes |
504
Posts
Joseph Ball
  • Residential Real Estate Agent
  • Groveland, FL
Replied

Jack Miller has an excellent book on negotiating

User Stats

224
Posts
75
Votes
Sean H.
Pro Member
  • Flipper/Rehabber
  • Pittsburgh, PA
75
Votes |
224
Posts
Sean H.
Pro Member
  • Flipper/Rehabber
  • Pittsburgh, PA
Replied

I just took a free course at coursera (https://class.coursera.org/successfulnegotiation-001).  It modeled "getting to yes" but the video/forum interaction was helpful.

  • Sean H.
  • User Stats

    18
    Posts
    6
    Votes
    Ben Grotte
    • Real Estate Investor
    • Baltimore, MD
    6
    Votes |
    18
    Posts
    Ben Grotte
    • Real Estate Investor
    • Baltimore, MD
    Replied

    @Shane W. Secrets of Power Negotiating by Roger Dawson

    http://www.amazon.com/Secrets-Power-Negotiating-Anniversary-Edition/dp/1601631391

    User Stats

    42
    Posts
    12
    Votes
    Colleen Chapin
    • Investor
    • Greenwood Village, CO
    12
    Votes |
    42
    Posts
    Colleen Chapin
    • Investor
    • Greenwood Village, CO
    Replied
    Originally posted by @Bryan R.:

     I agree.  This would be my recommendation. 

    User Stats

    3,861
    Posts
    3,544
    Votes
    Rick H.#4 Marketing Your Property Contributor
    • Lender
    • Greater LA/Orange County area, CA
    3,544
    Votes |
    3,861
    Posts
    Rick H.#4 Marketing Your Property Contributor
    • Lender
    • Greater LA/Orange County area, CA
    Replied

    Winning Through Intimidation, by Robert J. Ringer, is a must-read for every real estate investor. 

    It's not a book on manipulating others (as its title would suggest) but a book on how NOT to be intimidated. 

    Anyone who has either been to my home or my ranch notices my large libraries of books. This book is an essential read.

    User Stats

    68
    Posts
    21
    Votes
    Martin Yung
    • Tampines, Singapore
    21
    Votes |
    68
    Posts
    Martin Yung
    • Tampines, Singapore
    Replied

    Getting to Yes by Roger Fisher

    User Stats

    340
    Posts
    111
    Votes
    Richelle T.
    • Rental Property Investor
    • Columbus, OH
    111
    Votes |
    340
    Posts
    Richelle T.
    • Rental Property Investor
    • Columbus, OH
    Replied

    I took the same course @Sean H. mentioned on coursera and found it really helpful

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    User Stats

    186
    Posts
    81
    Votes
    Shane W.
    • Professional
    • Santa Monica, CA
    81
    Votes |
    186
    Posts
    Shane W.
    • Professional
    • Santa Monica, CA
    Replied

    Thanks guys. All great recommendations. Exactly what I was looking for!

    User Stats

    584
    Posts
    353
    Votes
    Wade Sikkink
    • Real Estate Investor
    • Lincoln, NE
    353
    Votes |
    584
    Posts
    Wade Sikkink
    • Real Estate Investor
    • Lincoln, NE
    Replied

    Surprised this one didn't get mentioned.  A classic..

    I guest lecture at the University of Nebraska-Lincoln College of Business and require students to read this book for the class.

    You can Negotiate Anything by Herb Cohen.

    http://www.amazon.com/You-Can-Negotiate-Anything-Negotiator/dp/0553281097/ref=sr_1_1?ie=UTF8&qid=1416409890&sr=8-1&keywords=herb+cohen&pebp=1416409890409

    User Stats

    6,088
    Posts
    3,919
    Votes
    Brian Gibbons#5 Guru, Book, & Course Reviews Contributor
    • Investor
    • Sherman Oaks, CA
    3,919
    Votes |
    6,088
    Posts
    Brian Gibbons#5 Guru, Book, & Course Reviews Contributor
    • Investor
    • Sherman Oaks, CA
    Replied
    Originally posted by @Joseph Ball:

    Jack Miller has an excellent book on negotiating

     Love Jack Miller, RIP.