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So you are young or young at heart and you just signed a lease on your first apartment and you need a couch. Or you just got your first job out of college and need to buy work cloths. What ever your situation you know you don’t have a lot of money to spend and your money won’t go along way at department stores.
Yard sales and garage sales are a great way to get deals on the items you need.
I wasn’t very good at negotiating deals but my husband and my mother in law are really good at it. So below are some tips I have learned from them on how to negotiate a deal.
1. Know how much you want to pay.
Before you go walk up and talk to the seller know how much you are willing to pay. So for example if there was a really nice rug I could use for my living room, before I go talk to the seller I will tell my self that I am willing to pay between $15 to $20 for it.
2. Let the seller start the negotiating.
Always start by asking the seller “How much do you want for this?” By allowing the seller to start the negotiation it give you a good gage of where they are when it comes to price. Even though you are willing to pay between $15 and $20 the seller might start the negotiation at $10. In this case you can try to negotiate lower or you can take the deal.
3. Don’t be afraid to negotiate.
If you don’t ask for a lower price you will never know if you could have gotten a better deal.
4. Be prepared to walk away.
Sometimes walking away from a deal can be beneficial for you. So following the example of our rug from before. You are willing to pay between $15 and $20 for the rug, but the seller starts the negotiation out at $30. You counter their offer by asking for $20 but they are standing strong at $30. This would be a good time to walk away. Take that time to say thank you for the offer but no thanks. Don’t leave right away. Walk around the sale for a few more minuets and see if there is anything else you might like. This gives you time to think about how much you want the item and it gives them time to think about if they really want to sell it. Before you leave the sale walk back up to the seller and ask “Are you sure you won’t take $20 for the rug? If they say yes, end the negotiation and take the deal. If they say no and you are not willing to pay the $30 then tell them thank you and walk away.
5. Bundle your items.
Some sellers are just trying to get rid of items and don’t necessarily care about making a lot of money off the sale. If there are two of three items you would like ask the seller if they are willing to let you have all the items for one flat fee. For example if you have three items that are marked with prices and the total comes out to $17. Ask the seller if they are willing to take $15 for all three items. Remember if you don’t ask you will never know if you could have gotten a better deal.
6. Try not to fall in love with the item.
It is a business deal. Take emotions out of the negotiating. It will help you in the long run.
7. If it doesn’t feel right, its probably because it isn’t.
Sometimes people get wrapped up in the buying process and make bad decisions. So if it feels to good to be true be willing to walk away.
8. Have fun!
It’s a simple idea, but if your happy and engaging with the seller about the purchase a lot of times you will get a better deal. Personalizing your buy with the seller to help with getting the best deals!
Best of Luck with your Yard Sale Negotiations!
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