Communication & Negotiation Flashcards

1
Q

What mediums do you use to communicate? How do you decide on the most effective medium?

A
  • In person
  • Over the phone
  • Email
  • Letter

Make a professional decision based on my audience

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2
Q

Give an example of when you have communicated well?

A

Collecting evidence whilst undertaking a marketing report for a client

Communicated with local agents via telephone

  • Open/transparent about nature of my call

Achieved good level of engagement from the agent as a result

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3
Q

Give an example of when you have negotiated well?

A

Letting a retail unit in Beverley

  • tenant offered 5% lowed than asking price

I used comparable evidence to inform my negotiations
- agreed more favourable terms on behalf of my client

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4
Q

What did you learn during your CPD on soft skills and effective negotiation? How has it helped you in pitching for new work?

A

Soft Skills
- Eye contact is key

Negotiation

  • Always know your win win and bottom line before entering into negotiations
  • Research your topic beforehand
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5
Q

Oakwood Park

How did you ensure effective communication

A

Ensured any communication was:

  • Clear
  • Concise
  • Complete
  • Courteous
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6
Q

Oakwood Park

How did you use site maps as a visual aid?

A

During presentations

- Useful for visualising elements of the sites in the presentation room and out on site

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7
Q

Toll Gavel, Beverley

What aspects were you negotiating over?

A
  • Rent level

- Rent free

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8
Q

Toll Gavel, Beverley

What were your negotiable and non-negotiable aspects of a potential deal?

A

Non-negotiable
- 10 years unexpired term

Negotiable
- 6-12 months rent free

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9
Q

Toll Gavel, Beverley

How would you negotiate/communicate differently with an agent from a non-represented tenant?

A

Ensured that language used would suit audience in terms of complexity

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10
Q

Toll Gavel, Beverley

What advice would you give a non-represented tenant in a lease negotiation scenario

A

Advise that they seek advise before negotiating HoTs

- Code for Leasing Business Premises 2020

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11
Q

Toll Gavel, Beverley

What do you mean when you say ‘negotiated Subject to Contract’?

A

Any negotiations did not make a formal contract of sale

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