Buying a House Research Paper Example | Topics and Well Written Essays - 1000 words

Buying a House - Research Paper Example A triumphant negotiation requires two opposing parties to come together. The meeting between the two sides is for carrying out a consultation. There are various bargaining tips from that most successful individuals use in the negotiation meeting. First, understanding the importance of the negotiation is essential to the bargain. The importance of the consultation gives the negotiators the motivation to carry out the meetings. Secondly, the mediator should show that he understands the context of the bargain. Indicating knowledge of the negotiation gives the other party confidence and belief. Thirdly, showing various values to the other party gives him or her chance to think about the offers the negotiator is presenting. Fourthly, the negotiator should lay out the reality to the other individuals. Truth is important because it builds trusts between the mediator and the other individuals in the deal. Lastly, the use of emotions in carrying out the negotiation is essential to the authenticity of the deal. Most individuals make decisions based on emotions and use of emotions will lead to a successful negotiation (Downs, 2008). Distributive bargaining is a negotiation in which the involved individuals try to divide or distribute something. Distributive bargaining is competitive, and it means that there are parties in the deal that will gain more. Distributive bargaining happens in a situation where both sides in the negotiation want a win-win result (Hone Your Negotiation Skills, 2014). The people in the deal or negotiation always want to keep up a good working association. The type of talk happens when there are problems with the resources in the deal. This leads to a scenario where of the individuals in the party stands to lose something in the deal. Most deals have the potential to become a distributive bargaining negotiation. In a hypothetical situation, that I receive a promotion and