Tony MontalbanoBack and Forth: Greatest and Highest Supply is an actual property negotiation technique whereby the customer and vendor change affords and counteroffers till they attain an settlement. The client sometimes begins by making a proposal under the asking value, and the vendor responds with a counteroffer that’s increased than their authentic asking value. The 2 events then trip, step by step narrowing the hole between their respective affords till they attain a mutually acceptable value. This technique is commonly utilized in aggressive markets the place there are a number of consumers keen on the identical property.
There are a number of advantages to utilizing the Tony MontalbanoBack and Forth: Greatest and Highest Supply technique. First, it permits each the customer and vendor to get a greater sense of the market worth of the property. Second, it helps to construct rapport between the 2 events, which may make the negotiation course of extra satisfying and fewer irritating. Third, it might assist to keep away from misunderstandings and battle, as each events have a transparent understanding of the opposite’s place.
