Why do most sellers give you a poor first quotation? Two types of buyers: savvy and not. Savvy buyers negotiate, buy in bigger volume, are long-term, and can be less headache. Starting at a high price deters bad customers or accepts their business only at high margins.
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This is an example of non-declarative knowledge. Most sellers do this and have done so for decades. If you ask them why, they probably couldn’t tell you. They might just say “because it works”.
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Replying to @Molson_Hart
Going in, do you know how much you'll be able to negotiate a seller down in price? Is there a rule of thumb, or depends?
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Replying to @this__is__shiv
Usually not, but if it’s really important you can figure it out. There is certainly a way of determining roughly where you’ll end up.
7:25 PM - 22 Jun 2020
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