Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Real Estate Deal Analysis & Advice
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 7 years ago on .

User Stats

854
Posts
506
Votes
Soh Tanaka
  • Property Manager
  • Lindenhurst, IL
506
Votes |
854
Posts

Negotiating The Price

Soh Tanaka
  • Property Manager
  • Lindenhurst, IL
Posted

I'm not a good negotiator. It's not what I do naturally. But I know that it's important. 

I had this wall mount range hood vent hole that needs to be moved. One contractor gave me a quote of $550. I just wanted to say, "OK, go ahead." But I decided to negotiate. He also quoted me for refinishing this floor. I told him, "I can understand the price for the floor. That sounds right. But I'm not sure about the hole relocation. $550 for just moving a hole? You really don't need any material. Work with me here. What can you do to lower the price?" I intentionally didn't ask yes or no question. He replied with, "Let me see what I can cut here. OK, what if I knock down $100?" I said, "OK." I didn't really care about the price. I think $450 may be still too much. But the point is I overcame my uncomfortableness and negotiated and won. Yes I know it's a small win, but I'm happy. I moved forward, just a little bit. That's what I want.

Thanks for reading.

Soh 

Loading replies...