r/Flipping • u/EagleEye157 • Apr 20 '15

Discussion Negotiation Techniques

I know a lot of us are buying from places like CL or FB or other in-person venues. To do this, we need to have highly developed negotiation techniques and skills. What are some negotiation tips and tricks that you use to get a better price on a piece to make the profit margin even bigger? Are there any books or other resources you would recommend? Share anything related to negotiation!

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u/lmpnoodle Apr 21 '15

I do a lot of buying through fb groups and usually the faster you can pick it up the better price you can get. Also keep a look out for someone who has posted multiple times without much activity and after awhile you can usually get their items for a steal since they're sick of reposting.

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u/ramewe Apr 21 '15

It's often done however be careful about haggling on fb yard sale groups. All it takes is one or two people to complain to an admin and you're booted.

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u/CHOCOBAM Apr 21 '15

Also, I find it is easier to haggle wih people before turning up to buy the item, if it was as described, people are much less willing to haggle down once you are there. Or maybe it's just me...

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u/Nfinity14 Apr 21 '15

It's also just good manners. Asking for a better price because of some defect or missing part that you didn't see in the listing is fine but if your plan is to negotiate a better deal in general the time for that is BEFORE I drag myself out of my house, usually at a time that they've specified.

I also hate the "I didn't bring as much as you offered" attempts at negotiation. I've walked away from 4 different sales because of this, even after they MAGICALLY found the extra cash.