Communication and Negotiation Flashcards

1
Q

What do you consider to be a good example of communication?

A

Good communication is understanding your audience
Active listening, face to face good eye contact
Talking clearing and concisely

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2
Q

What are the different methods of communication?

A

Phone calls, emails, letters, meetings

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3
Q

When would you choose to use written communication over verbal?

A

Agreeing fees and TOB

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4
Q

What barriers are there to effective communication?

A

Technology – for teams calls in some scenarios are less effective than face to face

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5
Q

Tell me about your negotiating style?

A

I believe my negotiating style is to be collaborative

Agree with client their goals prior to commencing the negotiations

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6
Q

Why is negotiation important?

A

Enables us to over come conflicts and move forward productively

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7
Q

What can be a barrier to negotiating effectively?

A

A barrier can be lack of understanding of the requirements of the other side. Particularly if the other side have a lack of empathy.

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8
Q

What would be a good way to facilitate negotiations in your role?

A

Have a clear understanding of your clients wants and needs

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9
Q

Why do you consider that discussing matters in person might be effective?

A

Enables you to build a report of the person, shake there hand, good eye contact, read their body language

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10
Q

Why can these alternatives for in person meeting present challenges?

A

The present challenges as it is much harder to set the tone with your voice or see their reactions. It restricts the ability to build relationships.

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11
Q

What do RICS set out as best practice for the use of social media?

A

RICS Professional Standard: Use of Social Media, 2021 (Version 2 effective from Sept 2024)

It promotes the use of social media as a effective tool to advertise and promote services. However, it states that members must act professionally in the use of their social media.

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12
Q

Tell me about an example of when you have negotiated effectively?

A

Pitching, on a site in Mayfair to dispose of. I went in at 2% agency fees. My client said that another smaller firm have gone in at 1.5%. I demonstrated our track record, experience and expertise we hold compared to the other smaller firm. I recommended we met in the middle at 1.75% my client agreed.

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13
Q

Tell me about how you conduct yourself in negotiations?

A
  1. Establish my clients position prior to commencing negotiations + effectively prep
  2. Identify points that are negotiable
  3. Ensure I maintain communication with client and other side
  4. Treat others with respect and listen to their views
  5. Ensure a collaborative approach
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14
Q

What did you learn in your firms CPD training on ‘influencing and Persuading’

A

It highlighted how to use written tone, verbal language and non verbal cues. When negotiating affectively. Other factors involved practical application of this. (presenting).

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15
Q

Communication - Fulham:

How did you effectively communicate with your firms retail agency team?

A

I went to see the team in person and decided to set up a meeting to explain the objectives and timescales. I regularly communicated with them to ensure we had their pricing in time for the pitch.

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16
Q

Negotiating with Client - Ruislip

A

I did this between I spoke with all the active parties and the party at offered early was a strong offer anyway therefore other parties would be at the same rate. A counter offer would likely end the process in a more timely way therefore reaching my clients objectives